CDB provides a $175.6 million loan to State Grid Brazil Holdings S.A.

Funder	China (People's Republic of)
Recipient Organization	Brazil
Country	Brazil
Start Date	Aug 28, 2012
End Date	Dec 28, 2030
Duration	6,696 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`59959`

Grant Description

CDB Loans $175.6 Million to State Grid Brazil Holdings S.A.

In September 2012, China Development Bank provided a $175,600,000 loan to State Grid Brazil Holding S.A. to support its operations in Brazil.

📋 Loan / Grant Terms

💰 Loan Amounthas an interest rate of Libor + 2

Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.