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Moody's gives Ba2 to Petrobras notes
Moody's Investors Service said it gave a Ba2 rating to Petrobras Global Finance BV's planned $1 billion in new global notes, which will be guaranteed by Petroleo Brasileiro SA (Petrobras).
The Ba2 rating on the notes is based on the rating of Petrobras, which reflects the rating of Brazil’s government, Moody’s said.
The outlook is stable.
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