AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In November 2013, 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 for raising the dam and lateral spillway to better exploit the hydroelectric energy of Cambambe.The post-export credit agreement was signed on 12 November 2013. The loan amount is USD 131.7 million at an annual interest rate of 3.45 percent. The loan matured in March 2014.
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