Petrobras May Need More Equity: Barclays
Petrobras may need new equity to fund its ambitious capex plans, Barclays says, noting that the stock’s valuation is no longer compelling following last month’s $70bn equity sale. “Petrobras may need additional new equity by 2013/2014 if oil prices do not average...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.