Petobras Suppliers Securitize Contracts

Petobras Suppliers Securitize Contracts


Several Petrobras suppliers are preparing to securitize service and supply contracts with Petrobras, according to regulatory documents. The 4-year, BRL237m transaction will seek to securitize the service and supply contracts from engineers, equipment providers and others working with the state-controlled oil producer as it explores pre-salt reserves in the decade ahead. The FIDC’s units are expected to return 125% of the DI benchmark, with the exact price to be set at a later date. In a ratings

Already have an account?

Free trial

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

Free Trial