Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 19 million loan to <i>Companhia Ultragaz SA</i> under the <i>BNDES limite de crédito</i> scheme (October 2012)

Announcement

31 Oct 2012

In October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia Ultragaz 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

31 Oct 2012

Revocation date:

No revocation date

State loan In force

On 31 October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 39 million (approx. USD 19 million) loan to Companhia Ultragaz SA. The loan was issued un...

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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 39 million (approx. USD 19 million) loan to Companhia Ultragaz SA granted on 31 October 2012 by...

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