February 12, 2019 / 11:00 AM / 6 months ago

Brazil's Petrobras to sell $958m non-convertible debentures - filing

SAO PAULO, Feb 12 (Reuters) - Brazil’s state-run oil company Petroleo Brasileiro SA said in a securities filing on Tuesday it will sell 3.6 billion reais ($958.06 million) in non-convertible debentures, a local debt security.

Proceeds will be used in oil exploration projects, the oil firm said in the filing.

$1 = 3.7576 reais Reporting by Ana Mano Editing by Jamie McGeever

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