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MercoPress, en Español

Montevideo, April 19th 2024 - 13:19 UTC

Tag: Brazilean National Treasury

  • Friday, November 20th 2015 - 07:36 UTC

    Brazil considering plan to bolster Petrobras capital with 'hybrid securities'

    Apparently, the Brazilian Treasury would transfer “hybrid securities” to Petrobras, which would then book the securities as equity until it sold new stock

    Brazil’s government is considering a debt plan to bolster the capital of heavily indebted state-controlled oil Petrobras, Agencia Estado news agency reported on Thursday. Under the plan, the Brazilian Treasury would transfer so-called hybrid securities to Petrobras, which would then book the securities as equity until it sold new stock, Estado reported.