Petrobras taps 2031s but set to buy back more

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Petrobras taps 2031s but set to buy back more

Petrobras, 575, LatAm, oil, quasi sovereign, Brazil
RIO DE JANEIRO, BRAZIL - OCTOBER 18, 2014: Petrobras petrol station in Rio de Janeiro. Petrobras is one of largest energy and oil companies in the world with 130 billion USD revenue in 2013. | MAREK SLUSARCZYK/Tupungato - stock.adobe.com

Brazilian state-owned oil company Petrobras returned to bond markets on Tuesday as part of a debt reducing liability management exercise as the issuer continues to lower its bond outstandings.

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