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![Petroleo Brasileiro SA Petrobras (Petrobras) is a Brazilian integrated oil and gas company that also has operations in 24 countries outside Brazil [Petrobras]](http://thebricspost.com/wp-content/uploads/2014/01/petrobras-brazil-300x194.jpg)
Petroleo Brasileiro SA Petrobras (Petrobras) is a Brazilian integrated oil and gas company that also has operations in 24 countries outside Brazil [Petrobras]
The bonds, issued by Petrobras Global Finance, a subsidiary, are divided into the four tranches of four-, seven-, 11- and 20-year notes, and sales are expected to close on January 14, the company said in a statement.
The four-, seven- and 11-year notes will be denominated in euros, and the 20-year notes in sterling pounds, the company said.
Petrobras’ four-year bonds amount to 1.5 billion euros and will reach maturity on January 15, 2018. The 750 million euros of seven-year notes will mature in 2021, the 800 million euros of 11-year notes in 2025, and the 600 million pounds of 20-year notes in 2034.
The statement said the yields range from 2.829 per cent for 2018 expiry to 6.732 per cent for 2034 expiry.
Petroleo Brasileiro SA Petrobras (Petrobras) is a Brazilian integrated oil and gas company that also has operations in 24 countries outside Brazil.
Source: Agencies
