ANNOUNCEMENT 18 Jun 2012

In June 2012, the Brazilian Development Bank (BNDES) provided export financing to a Brazilian exporter.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The Brazilian National Development Bank All post-export finance operations since 2002, O banco nacional do desenvolvimento todas as operaçoes por-embarque desde 2002, http://www.bndes.gov.br/SiteBNDES/export/sites/default/bndes_pt/Galerias/Arquivos/consultas/operacoes_exp_serv_eng_2002_diante.xls

Inception date: 18 Jun 2012 | Removal date: 16 Oct 2012

Trade finance

In June 2012, the Brazilian Development Bank (BNDES) provided Construcoes e Comercio Camargo Correa SA with post-export credit for a project involving the exporting of goods and services for the construction of road infrastructure in the 6th Avenue of the Cazenga region.

The post-export credit agreement was signed on 18 June 2012. The loan amount is USD 9.85 million at an annual interest rate of 3.26 percent. The loan matured in October 2012.

AFFECTED SECTORS

 
542

AFFECTED PRODUCTS

 
N/A