AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In June 2011, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving financial suport for the exporting of goods and services destined for the engineering of the reconstruction of highway El Rio in the Dominican Republic.The post-export credit agreement was signed on 29 June 2011. The loan amount is USD 50 million at an annual interest rate of 4.04 percent. The loan matured in November 2011.
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