Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 30 million loan to <i>Nexa Recursos Minerais SA</i> under the <i>BNDES limite de crédito</i> scheme (September 2017)

Announcement

11 Sep 2017

In September 2017, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Nexa Recursos Minerais 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 Sep 2017

Revocation date:

No revocation date

State loan In force

On 11 September 2017, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 94 million (approx. USD 30 million) loan to Nexa Recursos Minerais SA. The loan was iss...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 94 million (approx. USD 30 million) loan to Nexa Recursos Minerais SA granted on 11 September 2...

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