Petrobras jumps on new issue heat as markets approve Brazil change

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Petrobras jumps on new issue heat as markets approve Brazil change

Henrique Meirelles, Brazil
Brazil's Finance Minister Henrique Meirelles speaks during a press conference in Brasilia, Brazil, Tuesday, May 17, 2016. Meirelles became Brazil's economy boss last week after interim President Michel Temer took office. In a press conference in Brasilia, the new finance minister said that the country will gradually win the trust of investors with its appointments and policies. (AP Photo/Eraldo Peres) | Eraldo Peres/AP/Press Association Images

Latin American DCM bankers drew positive conclusions from Petrobras’ first international bond in nearly a year as the Brazilian state oil giant raised more than twice what it needed to for a liability management exercise.

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