Petrobras launches US$6.75bn two-part bond

May 17, 2016 6:05 PM

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NEW YORK, May 17 (IFR) - Petrobras has launched a US$6.75bn two-part bond sale after generating a book of close to US$20bn, according to leads.

The Brazilian state-controlled oil company has set a final yield of 8.625% on a US$5bn five-year, and a 9% yield on a US$1.75bn 10-year bond.

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