Supply Talk Persists After Petrobras Chief Steps Down

Jan 24, 2012

Petrobras CEO Sergio Gabrielli is vacating the top job at a time when the Brazilian state-controlled oil company faces a series of challenges that his replacement will be forced to address. This comes as rumors continued to circulate Monday that the borrower was poised to return to the dollar bond market with a multi-tranche offering. What impact Gabrielli’s departure will have on the timing of any bond this year may be a matter of conjecture at this stage, but an issue may make sense in the context of Petrobras’s plans...

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

Upcoming Events


Where will capital markets be busiest in 2017?