Bank of China Loans $40,000,000 to Ocel Brasil

$40M USD

Funder	Bank of China (BOC)
Recipient Organization	Ocel do Brasil Industria e Comercio LTDA
Country	Brazil
Start Date	Nov 01, 2017
End Date	Aug 26, 2027
Duration	3,585 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60352`

Grant Description

Bank of China Loans $40,000,000 to Ocel Brasil In November 2017, the Bank of China loaned $40,000,000 to Ocel do Brasil Industria e Comercion Ltda, a Brazilian steel company.

📋 Loan / Grant Terms

💰 Loan Amountterms and purpose are unclear

The Brazil Central Bank lists the registration as cancelled, but the status of the loan is unclear.

📚 Sources & References

BrazilCentralBank_September102018 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.