Brazil’s energy company rides improving liquidity and reduced leverage to achieve a bump to Ba3 from B1
Tag: Petrobras
Posted inDaily Brief
Petrobras picks banks for Distribuidora IPO
State-owned energy company requests permission from Brazil’s CVM to list the fuel distributor
Posted inDaily Brief
BR Distribuidora exec resigns
Brazilian fuel distributor appoints Marcelo Fernandes Bracanga as interim replacement for the outgoing Antonio Caldeira
Posted inDaily Brief
Petrobras knocks off more debt
State-run energy company pays back and extends tenors on more than $2bn in commercial bank loans
Posted inDaily Brief
Petrobras board votes for BR Distribuidora IPO
State-owned energy company will offload between 25% to 40% of its shares in the service station subsidiary
Posted inDaily Brief
Exxon Mobil snares Brazil oil blocks
US oil company pays over $1bn for eight offshore spaces in the country’s 14th bidding round
Posted inDaily Brief
Petrobras concludes tender offer
Brazilian state-owned energy company gets $6.22bn in outstanding bonds for new 2025 and 2028 notes
Posted inDaily Brief
Petrobras terms out debt with dual-tranche effort
Brazilian state-owned energy company taps investors for another $2bn in 2025 and 2028 securities
Posted inDaily Brief
Petrobras starts fertilizer exit
Brazil’s state-owned energy company gives prospective bidders until September 29 to express interest
Posted inDaily Brief
Petrobras pays off trade finance loans
Brazil’s state-owned energy company also gets $323m in fresh credit from Bradesco