ANNOUNCEMENT 21 Dec 2018

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved a loan to Log & Print Gráfica Data Variados e Logística S.A.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 21 Dec 2018 | Removal date: open ended

State loan

On 6 December 2018, the BNDES has announced the allocation of BRL 60 million (circa USD 15.5 million at the time of the announcement) to Log & Print Gráfica Dados Variados e Logística S.A., a local graphic design company.

The objective of these resources is to expand the activities of the company and increase its competitiveness. 

The approved credit line is part of the Giro Program. Loans under this modality enjoy an annual interest rate between 1.3% and 2.25% depending on the type of support and the size of the company and are intended to finance working capital. 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A