Tue, Sep 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Petrobras is in talks with Chinese bank on financing

Posted on 10 December 2008

From Bloomberg: Petroleo Brasileiro SA, Brazil’s state-controlled oil company, is holding talks with China about financing its expansion plans amid a global credit crisis that has prompted banks to reduce lending.

“Conversations with a number of funding sources, including the Chinese development bank, are ongoing,” Petrobras investor relations manager Theodore Helms said. The company plans to invest about $30 billion this year, with about half that amount going to Brazilian exploration and production projects, he said. …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 14659 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930