ANNOUNCEMENT 27 Dec 2011

Since December 2011, the Brazilian Development Bank (BNDES) has repeatedly provided Construcoes e Comercio Camargo Correa 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 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: 27 Dec 2011 | Removal date: 16 May 2014
Still in force

Trade finance

Since December 2011, the Brazilian Development Bank (BNDES) has repeatedly provided Construcoes e Comercio Camargo Correa SA with post-export credit for a project involving the exporting of goods and services destined to the implementation of water storage plants in the cities of Avellaneda and Berazategui in Argentina.

The post-export credit agreement was signed on 12 December 2011. The loan amount is USD 45.7 million at an annual interest rate of 4.12 percent. The loan matured in May 2014.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A