Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 39 million loan to <i>Calamo Distribuidora de Produtos de Beleza SA</i> under the <i>BNDES finem</i> scheme (May 2013)

Announcement

27 May 2013

In May 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Calamo Distribuidora de Produtos de Beleza SA.

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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 May 2013

Revocation date:

No revocation date

State loan In force

On 27 May 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 81 million (approx. USD 39 million) loan to Calamo Distribuidora de Produtos de Beleza SA. Th...

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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 81 million (approx. USD 39 million) loan to Calamo Distribuidora de Produtos de Beleza SA granted on 27 May...

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