Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 151 million loan to <i>Ventos de Sao Tito Holding SA</i> under the <i>BNDES finem</i> scheme (April 2015)

Announcement

17 Apr 2015

In April 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ventos de Sao Tito Holding 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

17 Apr 2015

Revocation date:

No revocation date

State loan In force

On 17 April 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 443 million (approx. USD 151 million) loan to Ventos de Sao Tito Holding SA. The loan was i...

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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 443 million (approx. USD 151 million) loan to Ventos de Sao Tito Holding SA granted on 17 April 2015 by the...

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