Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 139 million loan to <i>Ambev SA</i> under the <i>BNDES limite de crédito</i> scheme (October 2011)

Announcement

04 Oct 2011

In October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ambev SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

04 Oct 2011

Revocation date:

No revocation date

State loan In force

On 4 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 236 million (approx. USD 139 million) loan to Ambev SA. The loan was issued under the BNDE...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 236 million (approx. USD 139 million) loan to Ambev SA granted on 4 October 2011 by the Nationa...

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