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Petrobras Set to Lever Up

Jun 11, 2008

Petrobras plans to significantly increase its leverage ratio over the next several years as it raises funds necessary to extract oil from its most recent discoveries. CEO Jose Sergio Gabrielli says...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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