ANNOUNCEMENT 06 Apr 2011

In April 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 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: 06 Apr 2011 | Removal date: 04 Aug 2011
Still in force

Trade finance

In April 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 second stage of construction of the highway near Luanda connecting Cabolombo Futungo.

The post-export credit agreement was signed on 6 April 2011. The loan amount is USD 49.62 million at an annual interest rate of 4.4 percent. The loan matured in August 2011.

AFFECTED SECTORS

 
542

AFFECTED PRODUCTS

 
N/A