Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 67 million loan to <i>Klabin SA</i> under the <i>BNDES limite de crédito</i> scheme (August 2012)

Announcement

28 Aug 2012

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

28 Aug 2012

Revocation date:

No revocation date

State loan In force

On 28 August 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 138 million (approx. USD 67 million) loan to Klabin SA. The loan was issued under the BNDE...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 138 million (approx. USD 67 million) loan to Klabin SA granted on 28 August 2012 by the Nationa...

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