The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 544 million (approx. USD 321 million) loan to Telefonica Brasil SA granted on 14 October 2011 by the Nation...
On 14 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 544 million (approx. USD 321 million) loan to Telefonica Brasil SA. The loan was issued u...