(Petrobras, 27.May.2020) — Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) plans to offer one or more series of bonds in the U.S. market in a new emission , subject to market conditions. The bonds will be issued with full and unconditional guarantee from Petrobras. PGF intends […]
Tag: debt
Argentina Defaults On Bonds As Debt Talks Heat Up
(Reuters, 22.May.2020) — Argentina missed payments on around $500 million in already delayed bond coupons on Friday, creditors and a ratings agency said, marking the country’s ninth sovereign default amid ongoing restructuring talks with creditors. The default on three bonds came as negotiations to revamp around $65 billion in foreign […]
Petrobras Executes New Contractual Deal Related To Eletrobras Debts
(Petrobras, 3.Dec.2018) — Petrobras, following up on the release published on Apr. 30, 2018, reports that today it executed contractual instruments related to a new agreement negotiated with Centrais ElĂ©tricas Brasileiras S.A. (“Eletrobras”) and its subsidiaries Amazonas Energia (“AmE”) e Amazonas Geração e TransmissĂŁo (“AmGT”) for the resetting of guarantees […]
Pemex Sells $2 Bln Bonds To Fund Investment And Refinance Debt
(Offshore Technology, 17.Oct.2018) — Mexican state-owned petroleum company Pemex has reportedly sold $2bn of its bonds. The sale of the ten-year Pemex bonds is said to have generated about 6.5% in a move, which is aimed at funding the company’s investment, as well as refinance debt. A Pemex spokesperson said […]