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Montevideo, November 5th 2024 - 11:03 UTC

Tag: Petrobras China

  • Wednesday, April 22nd 2015 - 06:35 UTC

    Petrobras receives financial support from China and local banks

    The deals announced include a 1.48bn export-credit note with Banco do Brasil, where current Petrobras CEO Aldemir Bendine worked before

    Brazilian state-run oil company Petrobras approved a series of financial agreements with local and international banks that will meet its financing needs in 2015, the company announced. In a filing with local stock regulators, Petrobras said that the deals will provide the company with access to about 6.2 billion dollars, including a 3.5bn financing contract reached with China Development Bank on April 1.