Perspective
17 April 2015
Petrobras secures state bank loans for 2015 funding
Region:
Americas
Brazilian state-run oil company Petroleo Brasileiro (Petrobras) has turned to Brazilian state-owned banks to secure much of its funding for 2015. With the capital markets closed off for the time being, the oil company announced today that it had struck loan agreements totalling approximately $6.1 billion
