Petrobras Pulls Debt Offering Due To "Adverse Conditions"
Not very long ago, Petrobras was offering (anyone foolish enough to buy) 100 year bonds. How much can change in less than a year!
Extremely low crude oil prices continue to take a serious toll on firms in the global energy sector. Related to this and a giant corruption scandal, beleaguered Brazilian oil and gas company Petrobras has suffered a setback in its efforts to stabilize its financial situation this week . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
|
