Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Rumo SA</i> under the <i>BNDES project finance</i> scheme (May 2012)

Announcement

04 May 2012

In May 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Rumo SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 May 2012

Revocation date:

No revocation date

Updated: 04 May 2012
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 22 million (approx. USD 11 million) loan to Rumo SA granted on 4 May 2012 by the National Bank fo...
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Updated: 04 May 2012
State loan In force
On 4 May 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 22 million (approx. USD 11 million) loan to Rumo SA. The loan was issued under the BNDES proje...
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