11.03.2014 20:04:00
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Petrobras Global Finance B.V. -- Moody's assigns Baa1 rating to Petrobras' USD 8.5 billion in global notes
Mexico, March 11, 2014 -- Moody's Investors Service assigned a Baa1 rating to Petrobras Global Finance B.V.'sUSD 8.5 billion in senior unsecured floating and fixed rate notes due from 2017 through 2044. Proceeds from this issuance, together with the USD5.1 billion in global notes issued last January, will be used to for general corporate purposes, including debt refinance and capital investitures. The outlook on the ratings is negative.