The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 61 million (approx. USD 29 million) loan to Ipiranga Produtos de Petroleo SA granted on 28 May ...
On 28 May 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 61 million (approx. USD 29 million) loan to Ipiranga Produtos de Petroleo SA. The loan was is...