Tag Archives: Petrobras

Petrobras Record Bond Deal

Petrobras (PBR, quote) issuing $11 billion in debt to set a record for an emerging markets debt offering.  The company is using the opportunity of negative real rates in Brazil (officially no, but in terms of true cost of living, YES), and most of the world to tap a global debt market starving for yield. 

Brazil BRIC Energy Tim Seymour