5 May 2024
Petrobras sells USD 2.5 billion of century bonds
Publication date: 03 June 2015
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Petrobras has sold USD 2.5 billion of 100-year bonds after a year of being locked out of international capital markets. The debt-laden Brazilian company, which is at the centre of a massive corruption and kickback scandal, is set to pay an annual yield of 8.45% on the bonds.