ANNOUNCEMENT 04 May 2010

In May 2010, 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: 04 May 2010 | Removal date: 01 Sep 2010

Trade finance

In May 2010, the Brazilian Development Bank (BNDES) provided TPRO Engenharia SA with post-export credit for a project involving the exporting of goods and services for the construction of a production plant specialized in parenteral solutions of great volume and solutions for hemodialisis in Cuba.

The post-export credit agreement was signed on 4 May 2010. The loan amount is USD 14.88 million at an annual interest rate of 4.69 percent. The loan matured in September 2010.

AFFECTED SECTORS

 
542

AFFECTED PRODUCTS

 
N/A