Credit Lines

Petrobras on Revolving Credit Lines

Petrobras Agency
29/09/2020 17:41
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Petrobras, informs it has made the total prepayment of the remaining balance of its revolving credit lines denominated in US dollars, in the amount of US$ 2.0 billion.

 

With this prepayment, the company currently has US$ 7.6 billion available for new withdrawals on the revolving credit lines denominated in US dollars and R$ 4 billion in Reais.

 

The operation will allow greater efficiency in cash management, in line with the company's capital optimization strategy.

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