ANNOUNCEMENT 21 Aug 2013

In August 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 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: 21 Aug 2013 | Removal date: 19 Dec 2013

Trade finance

In August 2013, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the irrigation project 'Trasvase Daule Vinces' for the optimization and usage of the water resources near the Daule river.

The post-export credit agreement was signed on 21 August 2013. The loan amount is USD 136.97 million at an annual interest rate of 4.22 percent. The loan matured in December 2013.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A