Rio state pension fund to return with oil-backed bond

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Rio state pension fund to return with oil-backed bond

Brazil
Rio de Janeiro, Brazil. Sugarloaf Mountain and Botafogo Bay from Corcovado | Mihai Simonia/Mihai Simonia - Fotolia

The state pension fund of Rio de Janeiro has mandated BB Securities and BNP Paribas for a possible further $1bn of senior secured notes issue via SPV Rio Oil Finance Trust.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • 4 capital markets databases
  • Daily newsletters across markets and asset classes
  • 2 weekly podcasts
Gift this article