Investors cut exposure to Petrobras in mixed session

April 16, 2015 9:13 PM

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NEW YORK, April 16 (IFR) - Latin American credit markets put in a mixed performance Thursday as investors cut some exposure to Brazilian oil company Petrobras after a substantial run-up in the credit.

While accounts have found some relief in expectations that audited financials will be released by month's end, many feel good news has largely been priced into the Petrobras story at this stage.

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