Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 176 million loan to <i>Suzano SA</i> under the <i>BNDES limite de crédito</i> scheme (October 2019)

Announcement

31 Oct 2019

In October 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Suzano SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

31 Oct 2019

Revocation date:

No revocation date

State loan In force

On 31 October 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 706 million (approx. USD 176 million) loan to Suzano SA. The loan was issued under the BN...

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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 706 million (approx. USD 176 million) loan to Suzano SA granted on 31 October 2019 by the Natio...

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