Petrobras raises over$5bn in international bond sale

摘要

Brazil’s state-controlled Petrobras is looking to raise$5.17bn in an interna-tional bond sale,the company said in a regulatory filing earlier this month. The company is issuing euro and sterling-denominated notes that range in maturity over 2018-34,with fixed yields of 2.75-6.73pc.The offering was expected to close on 14 January. The bond issue is the first since the company sold$11bn in US dollar-denominated bonds in May last year and will be used to help finance Petrobras’ ambitious upstream and downstream expansion plans(ALE,21 May,p11).