News
28 February 2018

Brazil's Petrobras bonds get junkier, downgraded yet again

In:
Oil & gas
Region:
Americas

Brazilian oil firm Petrobras saw its credit rating take a hit yet again as Fitch has them even junkier than before, now at BB- from BB. The company has well over $100 billion in short and long-term debt. There is also some new political risk involved. Should a left of center candidate win the...

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