AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
Since December 2011, the Brazilian Development Bank (BNDES) has repeatedly provided Construcoes e Comercio Camargo Correa SA with post-export credit for a project involving the exporting of goods and services destined to the implementation of water storage plants in the cities of Avellaneda and Berazategui in Argentina.The post-export credit agreement was signed on 12 December 2011. The loan amount is USD 45.7 million at an annual interest rate of 4.12 percent. The loan matured in May 2014.
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