Petrobras carries out bank debt prepayment

In a statement Petrobras reported that on 6 September conducted an operation of pre-payment of debt with Caixa Economica Federal Bank and Crédit Agricole CIB. The EFC, the State paid an export credit note (NCE) R $2.5 billion, maturing in November 2018, while the CIB was anticipated payment of $ $250 million dollars of a portion of funding of 1 billion.

However, the State reported that it held a new issuance of credit to Banco Bradesco NCE of R $1 billion due to discharge in August 2024. Despite the Petrobras report that’s been keeping your policy of improved debt profile in order to achieve the goals of deleveraging provided for in your business plan and management 2017-2021, it is not clear how the calculations of payments from the company.

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