AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In June 2012, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the construction of the peripheral highway connecting Viana, Cabolombo and Futungo.The post-export credit agreement was signed on 1 June 2012. The loan amount is USD 49.62 million at an annual interest rate of 3.07 percent. The loan matured in September 2012.
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