Petrobras board OKs plan to seek financing of up to $19.1 bln
SAO PAULO, March 5 (Reuters) - Brazil's state-run oil company Petrobras said on Thursday its board of directors had approved plans to seek financing of up to $19.1 billion in 2015 for investment and other projects.
Petroleo Brasileiro SA, as the company is formally known, said in a securities filing that the board approved the plan on Feb. 27. Reuters reported details of the plan on Wednesday, based on information provided by a source with direct knowledge of the situation. (Reporting by Todd Benson)
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