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Petrobras Makes Debt Payment Ahead of Schedule

Posted by November 6, 2017

Brazil's state-run oil company Petroleo Brasileiro SA said in a securities filing on Monday it has re-paid debts totaling $1.28 billion ahead of schedule to banks JP Morgan, HSBC and Intesa Sanpaolo.
 

Petrobras also said it refinanced $1.6 billion of outstanding debt obligations and issued $300 million of new debt to Banco Safra SA.


Reporting by Ana Mano 

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