Brazil: BNDES provides USD 56 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES limite de crédito</i> scheme (December 2011)
Announcement
21 Dec 2011
In December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usinas Siderurgicas de Minas Gerais SA Usiminas.
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 105 million (approx. USD 56 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas gr...
On 21 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 105 million (approx. USD 56 million) loan to Usinas Siderurgicas de Minas Gerais SA Usim...