Global Trade Alert
Global Trade Alert

Brazil: BNDES and Fraport sign BRL 100 million loan to reopen the Porto Alegre Airport

Announcement

18 Oct 2024

In October 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with Fraport for emergency working capital.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Oct 2024

Revocation date:

No revocation date

Updated: 18 Oct 2024
Local content incentive In force

The BNDES Emergency for Rio Grande do Sul credit line is subject to local content incentives. As such, so is the BRL 100 million (USD 17.6 million) loan to Fraport, granted on 18 October 2024 by th...

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Updated: 18 Oct 2024
State loan In force

On 18 October 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Fraport signed a BRL 100 million (USD 17.6 million) loan. The loan will finance the imm...

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