Tag Archives: Petroleo Brasileiro Petrobras SA (PETR4)

Petroleo Brasileiro Petrobras SA (ADR) (PBR)

Petroleo Brasileiro Petrobras SA (PBR) Risks Losing International Bond Funding Due to Corruption

Petroleo Brasileiro Petrobras SA (PBR) Risks Losing International Bond Funding Due to Corruption

Petroleo Brasileiro Petrobras SA (NYSE:PBR), the state controlled oil company of Brazil,  is facing the risk of being left out of the capital markets even as the corruption probe currently besetting the company reveals that it is deeply entrenched in a wide corruption scandal. Reuters reports that an early repayment of bonds amounting to $11

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