Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 24 million loan to <i>Spe Pedra Preta Energia SA</i> under the <i>BNDES finem</i> scheme (November 2013)

Announcement

29 Nov 2013

In November 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Spe Pedra Preta 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

29 Nov 2013

Revocation date:

No revocation date

State loan In force

On 29 November 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 55 million (approx. USD 24 million) loan to Spe Pedra Preta Energia SA. The loan was iss...

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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 55 million (approx. USD 24 million) loan to Spe Pedra Preta Energia SA granted on 29 November 2013 by the N...

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