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Euro crisis won't harm Petrobras fundraising plan
SAO PAULO |
SAO PAULO (Reuters) - Brazilian state-controlled oil company Petrobras will continue to raise funds in European capital markets despite the worsening of a sovereign debt crisis in that region, an official said on Monday.
The crisis in the Euro region is unlikely to hamper financing for the company's $225 billion, five-year investment plan, the largest in the oil industry, Jorge Nahas, Petrobras head of risk management and financial planning, said at an event in Sao Paulo.
(Reporting By Brad Haynes; Writing by Guillermo Parra-Bernal, Editing by Gerald E. McCormick)
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