Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 18 million loan to <i>Cpfl Telecomunicacoes Ltda</i> under the <i>BNDES finem</i> scheme (October 2014)

Announcement

23 Oct 2014

In October 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Cpfl Telecomunicacoes Ltda.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Oct 2014

Revocation date:

No revocation date

Updated: 23 Oct 2014
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 43 million (approx. USD 18 million) loan to Cpfl Telecomunicacoes Ltda granted on 23 October 2014 by the Na...
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Updated: 23 Oct 2014
State loan In force
On 23 October 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 43 million (approx. USD 18 million) loan to Cpfl Telecomunicacoes Ltda. The loan was issu...
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