The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 428 million (approx. USD 182 million) loan to Tim Celular SA granted on 23 December 2013 by the National Ba...
On 23 December 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 428 million (approx. USD 182 million) loan to Tim Celular SA. The loan was issued under ...