Petrobras Targets Debentures

Petrobras Targets Debentures

Brazil Bonds

Petrobras is considering issuing debentures in the Brazilian domestic bond market, Gustavo Barbosa, the company's global head of corporate finance, tells LatinFinance. He declines to provide specifics, noting that it would fit into the state oil company's overall financing plan, which is very similar to last year's. "We are looking carefully at the domestic market," he says. The company should borrow $10.5bn from the capital markets out of the $20bn debt it must raise. Barbosa says the company i

Already have an account?

Free trial

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

Free Trial