Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 38 million loan to <i>Ferreira Gomes Energia SA</i> under the <i>BNDES finem</i> scheme (December 2012)

Announcement

28 Dec 2012

In December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ferreira Gomes Energia 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 Dec 2012

Revocation date:

No revocation date

State loan In force

On 28 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 79 million (approx. USD 38 million) loan to Ferreira Gomes Energia SA. The loan was issu...

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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 79 million (approx. USD 38 million) loan to Ferreira Gomes Energia SA granted on 28 December 2012 by the Na...

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