Brazil's Petrobras obtains $10 bln financing from China
SAO PAULO Feb 26 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA, or Petrobras, said on Friday it had agreed on the terms of a deal to obtain $10 billion in financing from China Development Bank.
Petrobras, the world's most indebted oil company, said in a securities filing the agreement included supplying Chinese companies with fuel, similar to a deal reached in 2009. (Reporting by Caroline Stauffer and Brad Haynes; Editing by Diane Craft)
© Thomson Reuters 2016 All rights reserved.