Brazil's Petrobras talks $1 billion 10-year bond at Treasuries plus 167 basis points

By Aaron Hochman-Zimmerman

New York, Oct. 29 - Petroleo Brasileiro SA talked its $1 billion 10-year bond at Treasuries plus 167 basis points, according to a market source.

The talk has been tightened from the Treasuries plus 170 bps area.

The notes are expected to mature in March 2018.

Citigroup and UBS will act as bookrunners for the Sao Paulo, Brazil-based oil producer.

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