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Prospect News home > News index > List of issuers P > Headlines for Petrobras (Petroleo Brasileiro SA) > News item |
Brazil's Petrobras receives approval to issue up to $6.5 billion new paper
By Reshmi Basu
New York, Aug. 1 - Petroleo Brasilerio said it has received approval from the Securities and Exchange Commission to issue up to $6.5 billion in securities, fixed income or equity over the next two years.
The Rio de Janeiro-based company is a state-run oil producer.
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