Bond buyers say the move was expected because the sovereign issuer had been on negative watch for more than two years
Category: Oil
Posted inDaily Brief
Petrobras signs first sustainability-linked loan
Brazil’s state-run oil company ties the rates on a five-year, $1.25 bln loan to targets to lower carbon dioxide emissions
Posted inDaily Brief
Ganfeng buys lithium assets in Argentina
Chinese company doubles down on lithium bet in a $962 mln deal with Pluspetrol
Posted inDaily Brief
Shell names new leader in Argentina
Ricardo Rodríguez will take the place of Sean Rooney in August as the company bets on shale oil and gas for growth
Posted inDaily Brief
Techint unit buys US pipe maker from Benteler
Argentine-Italian group pays $460 mln for the German manufacturer’s business in Louisiana
Posted inDaily Brief
Pampa Energía to offer peso notes
Argentine energy company seeks up to $80 mln in three-part deal in the local market
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Petrobras puts up cash for bond buyback
Brazil’s state-owned oil company aims to repurchase up to $1.5 bln in notes that mature between 2024 and 2115
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Phoenix adds to bridge loan
Argentina-focused oil company borrows $35 mln more from commodities trader Mercuria
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Pan American to issue new notes in bond swap
Argentina’s second-largest oil producer offers 7.25% 2025 notes for $120 mln in 2023 bonds
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Petrobras resumes stalled refinery sales
Brazil’s state-run oil company looks to offload half of the country’s refining capacity, but its plans are met with skepticism