Petrobras books dollar return

Petrobras books dollar return

Debt Capital Markets Corporate & Sovereign Strategy Brazil Bonds Fixed Income Energy

Brazil's Petrobras booked its return to the dollar debt market, earning $3bn from the sale of new 30-year notes and a retap of its 5.75% 2029s to raise money for a bond buyback, LatinFinance has heard. The bookrunners BNP Paribas, Bradesco, Citi, Goldman Sachs, HSBC and Santander priced $2.25bn new notes at 6.9%, down from the initial price talk in the low-7% range, and added $750m to the 2029s at 5.95%, 10bp below the initial price thoughts of 6.05%. ABN Amro, BBVA and Commerzbank also worked o

Already have an account?

Free trial

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

Free Trial