Brazil's Petrobras signs $1 bln credit line with Banco do Brasil

miércoles 30 de septiembre de 2015 17:52 GYT

RIO DE JANEIRO, Sept 30 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday it agreed a 4.08 billion real ($1.03 billion) credit line with state-run bank Banco do Brasil.

Petrobras said the credit line would be used for exports and that the cost and timeframe of the deal were "advantageous."

($1 = 3.95 reais) (Reporting by Stephen Eisenhammer; Editing by Chris Reese)