ANNOUNCEMENT 29 Jun 2011

In June 2011, 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: 29 Jun 2011 | Removal date: 20 Nov 2011

Trade finance

In June 2011, 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 construction and improvement of highway Bavaro-Uver to Alto-Miches-Sabana de La Mar in the Dominican Republic.

The post-export credit agreement was signed on 29 June 2011. The loan amount is USD 185 million at an annual interest rate of 4.04 percent. The loan matured in November 2011.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A