China Development Bank provides a $34,780,000 loan to State Grid Brazil Holding S.A.

Funder	China (People's Republic of)
Recipient Organization	Brazil
Country	Brazil
Start Date	Feb 25, 2012
End Date	Sep 26, 2029
Duration	6,423 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`59991`

Grant Description

China Development Bank loans $34,780,000 to State Grid Brazil Holding S.A.

On September 4, 2012, China Development Bank provided a $34,780,000 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.