The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 29 million (approx. USD 16 million) loan to Ipiranga Produtos de Petroleo SA granted on 8 Novem...
On 8 November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 29 million (approx. USD 16 million) loan to Ipiranga Produtos de Petroleo SA. The loan wa...