Petrobras Inks Deals with Banco do Brasil Including R$6.5bn Export Credit Notes

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras signed 3 agreements with Banco do Brasil including export notes, a revolving credit facility and a Letter of Intent (LOI).

Petrobras contracted 2 Export Credit Notes (ECN) with sustainability commitments, 1 valued at R$3.5bn and the other at R$3bn, both maturing in 2032, Petrobras announced 20 Feb. 2025 in an official statement.