Petrobras offers small tap with Lat Am supply to keep trickling through

By Oliver West
15 Oct 2020

Latin America’s bond bankers said that the primary markets remain open, but investors will see limited new paper after Petrobras sold its smallest bond in several years this week.

The lowest amount that Brazilian state-owned oil company Petrobras has raised in a single bond sale in the last decade was $2bn — first in September 2017 and then again in January 2018. At one point, with an $11bn deal in 2013, Petrobras held the record for the ...

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