Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 399 million loan to <i>Empresa de Energia Sao Manoel SA</i> under the <i>BNDES finem</i> scheme (August 2016)

Announcement

11 Aug 2016

In August 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Empresa de Energia Sao Manoel 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

11 Aug 2016

Revocation date:

No revocation date

State loan In force

On 11 August 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1291 million (approx. USD 399 million) loan to Empresa de Energia Sao Manoel SA. The loan ...

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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 1291 million (approx. USD 399 million) loan to Empresa de Energia Sao Manoel SA granted on 11 August 2016 b...

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