Petrobras May Need More Equity: Barclays

Oct 7, 2010

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...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Which area will be most profitable for investment banks in LatAm in 2016?