Petrobras continues debt reduction with $2bn buy-back
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Emerging MarketsEM LatAm

Petrobras continues debt reduction with $2bn buy-back

Petrobras, 575, LatAm, oil, quasi sovereign, Brazil

Brazilian oil company Petrobras this week announced it will spend $1.95bn on repurchasing existing bonds via a tender offer, as the rapid pace of its reduction continues.

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