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Emerging MarketsEM LatAm

Mubadala seeking bond to fund Brazil refinery acquisition

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

MC Brazil Downstream, a vehicle through which UAE sovereign investment fund Mubadala is acquiring a major refinery from Brazil oil giant Petrobras, is planning to sell $1.8bn of 10 year senior secured notes, according to rating agency reports.

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