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Petroleo Brasileiro SA. (Bonds).

Latin CEO: Executive Strategies for the Americas

| May 01, 2001 | (Hide copyright information)Copyright

Petroleo Brasileiro SA (Petrobras) plans to sell US$300 million in 7-year bonds in a bid to extend its debt to longer maturities at lower borrowing rates, according to corporate finance director Almir Barbassa. UBS Warburg LLC is leading the issue. The bonds are rated investment grade BAA1 by Moody's investors …

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