Bank of China provides a $6,800,000 loan to Vale Brazil

$6.8M USD

Funder	Bank of China (BOC)
Recipient Organization	Vale S.A.
Country	Brazil
Start Date	Dec 01, 2014
End Date	May 22, 2029
Duration	5,286 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60562`

Grant Description

Bank of China Loans $6,800,000 to Vale Brazil In December 2014, the Bank of China loaned $6,800,000 to Vale Brazil, a Brazilian multinational corporation engaged in metals and mining.

📋 Loan / Grant Terms

💰 Loan Amountterms and the use of the loan is unclear

The Brazil Central Bank lists the registration as complete, 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.