News
07 February 2020

BNDES raises $5.2bn selling Petrobras stake

In:
Oil & gas
Region:
Americas

Brazil’s development bank BNDES has sold $5.2 billion in common shares it owned in state-controlled oil company Petrobras, two sources said.Petrobras priced the offering at BRL30 per common share, a discount of 1.57% relative to Wednesday’s closing price. BNDES sold BRL22 billion in...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
12 February 2026

Dealmakers: Cenk Olcay Seran, ECC

TXF spoke with Cenk Olcay Seran, director of international development at ECC, to outline the EPC contractor's global footprint, from structuring DFI and ECA-backed debt for...

Perspective
23 February 2026

Calmer waters for European offshore?

The political support is definitely there, but offshore wind in the North Sea is producing mixed results. What do the results of the UK auction - and delays to the German...