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: 27 Feb 2009 | Removal date: 27 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 a hydroelectric plant in Palomino in the Dominican Republic.

The post-export credit agreement was signed on 27 February 2009. The loan amount is USD 50.66 million at an annual interest rate of 3.56 percent. The loan matured in June 2009.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A