Petrobras Obtains $10 bln Financing from China

Brazil's state-run oil company Petroleo Brasileiro SA, or Petrobras, said on Friday it had agreed on the terms of a deal to obtain $10 billion in financing from China Development Bank.

Petrobras, the world's most indebted oil company, said in a securities filing the agreement included supplying Chinese companies with fuel, similar to a deal reached in 2009.

(Reporting by Caroline Stauffer and Brad Haynes; Editing by Diane Craft)