ANNOUNCEMENT 05 Jul 2013

In July 2013, 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: 05 Jul 2013 | Removal date: 26 Nov 2013

Trade finance

In July 2013, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services destined for works that belong to the traffic engineering solutions available for Santo Domingo.

The post-export credit agreement was signed on 5 July 2013. The loan amount is USD 50 million at an annual interest rate of 5.42 percent. The loan matured in November 2013.

AFFECTED SECTORS

 
542

AFFECTED PRODUCTS

 
N/A