Global Trade Alert
Global Trade Alert

Brazil: BNDES provides BRL 200 million loan to Veracel Celulose SA for its forestry programme

Announcement

26 Mar 2024

In March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 200 million (USD 38.5 million) loan in favour of Veracel Celulose S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Mar 2024

Revocation date:

No revocation date

Updated: 26 Mar 2024
State loan In force

On 26 March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 200 million (USD 40 million) loan with Veracel Celulose SA. The loan will fina...

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