The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 105 million (approx. USD 40 million) loan to Telefonica Brasil SA granted on 30 December 2014...
On 30 December 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 105 million (approx. USD 40 million) loan to Telefonica Brasil SA. The loan was i...