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View Full Version : Petrobras Seems The Winner in China’s $10 Billion Loan (PBR, SNP, XOM, CVX)


24/7 Wall St.
05-20-2009, 10:40 AM
24/7 Wall St. Daily News

The $10 billion loan from the China Development Bank to Brazil’s Petroleo Brasiliero SA, known as Petrobras (NYSE: PBR), has been finalized.* This deal has been in our pending file since late in February.* Many of yesterday’s reports had this as a fresh deal, which technically it is and technically it isn’t.* Under the deal, [...]

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