Petroleo Brasileiro (Petrobras) has raised a total of $6 billion in a three-part bond sale, The Wall Street Journal reports. The notes worth $2.5 billion, which carry a coupon rate of 3.87%, will mature in 2016, while the $2.5 billion bonds, which carry a coupon rate of 5.37%, will be due in 2021. The Brazilian energy producer has also sold $1 billion of notes, which carry a coupon rate of 6.75% and will mature in 2041. The joint book-runners for sale were BTG Pactual, Citigroup, HSBC Holdings, Itau Unibanco Holding, JP Morgan Chase and Banco Santander.
Click here for the story from The Wall Street Journal.
Click here for additional coverage from Bloomberg.