Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 18 million loan to <i>Rumo SA</i> under the <i>BNDES finem</i> scheme (September 2012)

Announcement

25 Sep 2012

In September 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

2 in force

Implementation date

25 Sep 2012

Revocation date:

No revocation date

State loan In force

On 25 September 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 37 million (approx. USD 18 million) loan to Rumo SA. The loan was issued under the BNDE...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 37 million (approx. USD 18 million) loan to Rumo SA granted on 25 September 2012 by the National Bank for E...

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