Updated Friday, November 6, 2009 11:30 am TWN, AFP

Brazil's Petrobras to get US$10 bil. Chinese loan

RIO DE JANEIRO -- Brazil's state-run oil group Petrobras said Thursday it has signed a contract permitting the first payment from a US$10 billion loan from China to help it finance upcoming investments. The credit, offered by the China Development Bank, will underwrite Petrobras' developments up to 2013.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email

Company Focus Breaking News

Updated Sunday, November 22, 2009 12:39 am TWN
▪	Hershey mulls US$17 bil. solo bid for Cadbury: source
▪	Barnes & Noble says Nook reader sold out
▪	Honda tops again in efficiency on U.S. roads
▪	Valero to close money-losing refinery
▪	GTSM launches online int'l bond trading

Most Read

▪	ROAD PROJECT BEGINS
▪	TES embraces renewable energy
▪	Strong Asia presence at Saint Laurent auction
▪	China says 42 dead, 66 trapped in mine explosion
▪	17 arrests in soccer match-fixing probe: police

Sponsors
▪	Get Car Hire Asia, Thailand, Middle East, Cyprus, Dubai, USA
▪	Business Directory