Petrobras Plans to Sell About $6 Billion of Bonds, Fitch Says

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  • Posted on January 31, 2012


    Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil producer, plans to sell about $6 billion of debt in a four-part sale, according to Fitch Ratings.

    The bonds may be sold as soon as tomorrow, according to a person familiar with the plans who asked not to be identified because terms aren’t set.

    To contact the reporters on this story: Boris Korby in New York at bkorby1@bloomberg.net;

    To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

    Bloomberg/AC



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