Financial

Petrobras investors offer $5.58 bln of bonds in buyback tender

Jan 26 Investors have offered to tender a combined $5.58 billion worth of dollar- and euro-denominated global bonds as part of Brazilian state-controlled oil company Petróleo Brasileiro’s $6 billion bond buyback program.

Petrobras got a combined $4.89 billion worth of dollar-denominated bonds tendered and another 651 million euros ($698 million) in buyback offers from investors, according to a securities filing on Thursday. The buyback will expire on Feb. 8, under different conditions from the first phase that was sealed on Wednesday. ($1 = 0.9328 euros) (Reporting by Guillermo Parra-Bernal; Editing by Greg Mahli

Categories: Financial, Petrobras

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s