Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 501 million loan to <i>Klabin SA</i> under the <i>BNDES finem</i> scheme (April 2014)

Announcement

16 Apr 2014

In April 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Klabin 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

16 Apr 2014

Revocation date:

No revocation date

State loan In force

On 16 April 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1113 million (approx. USD 501 million) loan to Klabin SA. The loan was issued under the BND...

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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 1113 million (approx. USD 501 million) loan to Klabin SA granted on 16 April 2014 by the National Bank for ...

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