Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 317 million loan to <i>Suzano SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2022)

Announcement

09 Dec 2022

In December 2022, 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

09 Dec 2022

Revocation date:

No revocation date

State loan In force

On 9 December 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1655 million (approx. USD 317 million) loan to Suzano SA. The loan was issued under the B...

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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 1655 million (approx. USD 317 million) loan to Suzano SA granted on 9 December 2022 by the Nati...

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