December 14, 2017 / 10:49 PM / 8 months ago

Brazil's Petrobras receives $3 billion in China Development Bank loan

SAO PAULO (Reuters) - Brazil’s state-controlled oil company Petroleo Brasileiro SA on Thursday received $3 billion under a $5 billion loan from China Development Bank, the company said in a securities filing.

The remaining $2 billion will be disbursed by CDB in January. Petrobras said it will prepay other liabilities.

Reporting by Tatiana Bautzer; Editing by Cynthia Osterman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below