I am sorry, something was mixed up here. It should read: The Odebrecht contract was signed in fall 2012. See filing: http://biz.yahoo.com/e/120927/bclr8-k.html And the cancellation of the contract was in spring 2013. See filing : http://biz.yahoo.com/e/120927/bclr8-k.html And here in the 10Q you can see about the loan.