USD 61.0742

+0.32

EUR 63.3882

+0.09

BRENT 87

+2.56

AI-95

0

AI-98

0

Diesel

0

851

Petrobras settles $5 billion of debt in December

During December Petrobras made debt prepayments in the total amount of $5.1 billion.

Petrobras settles $5 billion of debt in December


During December, Brazilian state-controlled oil and gas company Petrobras made debt prepayments in the total amount of $5.1 billion.

The prepayments were executed directly or through Petrobras-controlled companies, the company said on December 27, 2017.

The prepayments were executed with the following creditors: BNDES , Morgan Stanley, Export Development Canada, Santander, The Bank of Tokyo-Mitsubishi UFJ, Citibank, Kreditanstalt für Wiederaufbau, JP Morgan, HSBC and Japan Bank for International Cooperation (JBIC).

Of this amount, 72% were expected to be amortized over 2018 and 2019, Petrobras said.

These operations conclude the debt management strategy carried out throughout 2017, which raised $26.1 billion, prepaid $28.2 billion and renegotiated $9.7 billion.

Petrobras concluded it will continue to evaluate new opportunities to lengthen the maturity and reduce the cost of its debt.

Source : Neftegaz.RU


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru