AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In June 2009, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the exporting of goods and services for the construction of an international airport in Catumbela in Angola.The post-export credit agreement was signed on 18 June 2009. The loan amount is USD 110.5 million at an annual interest rate of 5.44 percent. The loan matured in October 2009.
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