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: 27 Oct 2011

Trade finance

In June 2011, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the reconstruction and expansion of the aqueduct in Hermanas Mirabal.

The post-export credit agreement was signed on 29 June 2011. The loan amount is USD 50 million at an annual interest rate of 4.02 percent. The loan matured in October 2011.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A