US$ 1.5 Billion received from the China Development Bank

Source: www.gulfoilandgas.com 6/12/2015, Location: South America

Petrobras has received through its fully owned subsidiary Petrobras Global Trading BV - PGT, the amount of US$ 1.5 Billion related to the loan signed on May 20th, 2015, with the China Development Bank.

As informed by the Company on May 20th, with this amount, the loan contracted with CDB throughout 2015 totals US$ 5 Billion.

This loan is part of the cooperation agreement signed between Petrobras and CDB for the years 2015 and 2016.

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


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