Petrobras

Financing with Banco Santander

Petrobras Agency
01/11/2016 12:29
Financing with Banco Santander Imagem: TN Petróleo Visualizações: 2757 (0) (0) (0) (0)

Petrobras hereby announces that concluded today through its wholly-owned subsidiary Petrobras Global Trading B.V. - PGT an unsecured loan of US$ 1.2 billion, maturing in 2023, from Banco Santander (Brasil) S.A..

 

The funds will be used to pay the existing debt of US$ 800 million with the same bank, maturing in 2017 and will provide additional resources of US$ 400 million that will be use to prepay other bank debt.

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