Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 57 million loan to <i>Light Servicos de Eletricidade SA</i> under the <i>BNDES finem</i> scheme (November 2016)

Announcement

21 Nov 2016

In November 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Light Servicos de Eletricidade 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

21 Nov 2016

Revocation date:

No revocation date

State loan In force

On 21 November 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 195 million (approx. USD 57 million) loan to Light Servicos de Eletricidade 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 195 million (approx. USD 57 million) loan to Light Servicos de Eletricidade SA granted on 21 November 2016 ...

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