Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 73 million loan to <i>Minas Arena, Gestao de Instalacoes Esportivas SA</i> under the <i>BNDES project finance</i> scheme (October 2011)

Announcement

14 Oct 2011

In October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Minas Arena, Gestao de Instalacoes Esportivas SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

14 Oct 2011

Revocation date:

No revocation date

State loan In force

On 14 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 124 million (approx. USD 73 million) loan to Minas Arena, Gestao de Instalacoes Esportiva...

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Local content incentive In force

The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 124 million (approx. USD 73 million) loan to Minas Arena, Gestao de Instalacoes Esportivas SA gra...

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