Petrobras Raises Cash Through Bond Sale

摘要

State-controlled Petrobras raised $6.75 billion on Tuesday through a sale of five and 10-year dollar-denominated bonds in a closely watched return to global capital markets after the suspension of Brazilian President Dilma Rousseff. The bond sale is the first by any Brazilian company since last June and the first to test investor sentiment toward Brazil since Rousseff was removed from office last week to face an impeachment trial (OD May13'16).