Petbra widens as exchange deadline nears

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Petbra widens as exchange deadline nears

Petrobras, building, Brazil, LatAm
Rio de Janeiro downtown | Celso Pupo/Celso Pupo - stock.adobe.com

Brazilian oil giant Petrobras appeared to have timed its return to bond markets to perfection on Monday, but an underwhelming secondary market performance left some investors disappointed.

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