Wednesday, 4 February 2009

Just Now! Petrobras Sells $1.5 Billion of Bonds at 8.125 Percent

Well, these are the final results for the Petrobras bond sale. It went well, it seems.

Issuer: Petrobras International Finance Co.
Guarantor: Petroleo Brasileiro SA
Structure: Senior Unsecured
Ratings: Baa1 / BBB / BBB (STABLE / STABLE / STABLE)

Size: $1.5 Billion

Coupon: 7.875%
Maturity: 10 year

Yield: 8.125%
Use of Proceeds: General Corporate Purposes; Intercompany Loans; Capital Expenditures
Bookrunners: HSBC Holdings Plc. /JPMorgan & Co. / Banco Santander SA

No comments:

Post a Comment