BRIEF-Moody’s upgrades Petrobras’ ratings to B2, changes outlook to ‘stable’

Oct 21 Moody’s:

* Moody’s upgrades Petrobras’ ratings to B2; changes outlook to stable

* Actions on Petrobras’ ratings reflect improvements in company’s liquidity profile and in regulatory framework in brazil over last few months

* Petrobras’ ratings have stable outlook; expect that, in next 12 to 18 months, company’s liquidity and overall credit risk will gradually improve Source text for Eikon:

Categories: Financial, Petrobras

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