Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 436 million loan to <i>Companhia Siderurgica do Pecem</i> under the <i>BNDES finem</i> scheme (April 2015)

Announcement

22 Apr 2015

In April 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia Siderurgica do Pecem.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

22 Apr 2015

Revocation date:

No revocation date

State loan In force

On 22 April 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1280 million (approx. USD 436 million) loan to Companhia Siderurgica do Pecem. The loan was...

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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 1280 million (approx. USD 436 million) loan to Companhia Siderurgica do Pecem granted on 22 April 2015 by t...

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