The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 76 million (approx. USD 32 million) loan to Rumo SA granted on 30 December 2013 by the National Bank for Ec...
On 30 December 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76 million (approx. USD 32 million) loan to Rumo SA. The loan was issued under the BNDES...