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