Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 19 million loan to <i>Adecoagro Vale do Ivinhema SA</i> under the <i>BNDES finem</i> scheme (December 2012)

Announcement

27 Dec 2012

In December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Adecoagro Vale do Ivinhema 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

27 Dec 2012

Revocation date:

No revocation date

State loan In force

On 27 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 38 million (approx. USD 19 million) loan to Adecoagro Vale do Ivinhema SA. The loan was ...

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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 38 million (approx. USD 19 million) loan to Adecoagro Vale do Ivinhema SA granted on 27 December 2012 by th...

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