Gulf Oil and Gas accountACCOUNT

Petrobras to Buy Back Up to $2 Billion of Debt in Cash

Source: Reuters 1/9/2017, Location: South America

Share |
Petroleo Brasileiro SA has launched a program to buy back up to $2 billion of existing bonds in cash and the offering of new debt, as the world's most indebted oil company seeks to refinance debt maturing before the end of the decade.

In a statement, Petrobras said seven different series of fixed- and floating-rate notes offered by the Petrobras Global Finance BV subsidiary will be targets of the repurchase program. The bonds, which include notes maturing in Jan. 2019, March 2019, April 2019, Jan 2020 and March 2020, have almost $10 billion outstanding worth of securities.

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects

Financials and Investment News in Brazil >>

United Kingdom >>  2/21/2018 - Independent Oil and Gas plc, the development and production focused Oil and Gas Company, is pleased to provide the following financial, operational an...
Congo >>  2/20/2018 - Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants su...

Nigeria >>  2/20/2018 - MXO plc, the oil and gas investing company listed on AIM, is pleased to announce that it has raised £500,000 before expenses via a placing (the "Placi...
Iraq >>  2/15/2018 - Genel Energy plc has announces that the Taq Taq partners have received a gross payment of US$11.05 million from the Kurdistan Regional Government ('KR...

United Kingdom >>  2/9/2018 - Angus Energy , a conventional oil and gas production and development company, has successfully raised £2.0 million (gross) by means of a private place...
Ghana >>  2/6/2018 - Kosmos Energy has refinanced its reserve based lending (RBL) facility. The RBL facility, which previously incorporated only the company’s Ghana assets...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |

More News

 

Oil & Gas Companies in Brazil >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.