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24 October 2009

Petrobras Sells $4 Billion In Bonds To Repay Bridge Loan.

BLOOMBERG/
Petrobras sold $4 billion of 10-and 30-year bonds to help repay a $6.5 billion bridge loan it signed in January.
“Brasil is extremely hot right now and that makes the reception of such a credit a lot easier,” said Luz Padilla at TCW Group.
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Labels: bridge loan repayment, Petrobras
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