ANNOUNCEMENT 26 Feb 2010

Since February 2010, the Brazilian Development Bank (BNDES) has repeatedly provided Construtora Norberto Odebrecht SA with post-export credit.

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 opera├žoes 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: 26 Feb 2010 | Removal date: 19 Sep 2015

Trade finance

Since February 2010, the Brazilian Development Bank (BNDES) has repeatedly provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the exporting of goods and services for the engineering and construction of the water treatment plant and its water distribution system in Agua de Parana de las Palmas, in Argentina.

The post-export credit agreement was signed on 26 February 2010. The loan amount is USD 293.9 million at an annual interest rate of 4.57 percent. The loan matured in September 2015.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A