ANNOUNCEMENT 27 Feb 2009

In February 2009, 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 operaƧoes 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: 05 Feb 2009 | Removal date: 05 Jun 2009

Trade finance

In February 2009, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the exporting of goods and services for the engineering and construction of an aqueduct in the Dominican Republic.

The post-export credit agreement was signed on 5 February 2009. The loan amount is USD 50.29 million at an annual interest rate of 3.42 percent. The loan matured in June 2009.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A