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Petrobras inks $5 bln financing deal with China Development Bank
December 5, 2017 / 10:55 AM / 8 days ago

Petrobras inks $5 bln financing deal with China Development Bank

RIO DE JANEIRO, Dec 5 (Reuters) - Brazilian state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had inked a deal with China Development Bank for $5 billion in financing through 2027.

Petrobras, as the company is called, also said it had signed a contract with Unipec Asia Company for the preferential supply of 100,000 barrels of oil equivalent per day for 10 years. (Reporting by Alexandra Alper; Editing by Mark Potter)

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