Petrobras sets terms on bond exchange

Brazilian oil giant Petrobras will continue to push out its debt maturities and reduce its outstanding stock of bonds with an exchange and tender offer that includes retiring existing notes using cash.

  • By Oliver West
  • 10 Sep 2019

Ba2/BB-/BB- rated Petrobras is targeting seven different dollar bonds — totalling nearly $20bn — that expire between May 2023 and February 2029, asking investors to exchange them for new January 2030s and cash.

The shortest five of these notes can be exchanged half for cash and half ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 38,804.86 218 7.77%
2 HSBC 37,505.35 300 7.51%
3 JPMorgan 36,460.07 186 7.30%
4 Standard Chartered Bank 26,954.48 220 5.39%
5 Goldman Sachs 19,415.95 85 3.89%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,521.96 35 11.90%
2 JPMorgan 9,063.29 36 11.33%
3 Bank of America Merrill Lynch 6,474.73 25 8.09%
4 Goldman Sachs 5,874.70 22 7.34%
5 Santander 5,136.76 28 6.42%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 16,838.89 64 11.84%
2 Citi 15,519.20 60 10.91%
3 Standard Chartered Bank 11,317.78 58 7.96%
4 HSBC 8,619.65 46 6.06%
5 BNP Paribas 8,531.65 24 6.00%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 1,953.88 13 10.90%
2 SG Corporate & Investment Banking 1,851.18 13 10.33%
3 ING 1,599.84 14 8.92%
4 Citi 1,187.74 11 6.63%
5 MUFG 1,085.56 8 6.06%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,870.23 22 16.53%
2 Barclays 2,042.67 19 11.76%
3 HSBC 1,788.74 18 10.30%
4 MUFG 1,623.78 14 9.35%
5 JPMorgan 1,584.80 18 9.13%