Petrobras on Revolving Credit Lines

Source: www.gulfoilandgas.com 8/25/2020, Location: South America

Petrobras, following up on the releases dated 07/27/2020 and 03/20/2020, informs that it made the partial pre-payment of its revolving credit lines, in the amount of US$ 2.1 billion.

With this prepayment, the company currently has available US$ 5.6 billion for new withdrawals on the revolving credit lines denominated in US dollars and R$ 4 billion, on the lines in Reais.

The transaction will allow greater efficiency in cash management, in line with the company's capital optimization strategy.


Morocco >>  8/17/2022 - Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland. is pleased to announce t...
Cameroon >>  8/16/2022 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa , announces that it has made an annual award of share options under i...

Norway >>  8/16/2022 - Reference is made to the stock exchange announcement on 11 August 2022 made by PGS ASA (“PGS” or the “Company”) regarding the conversion of NOK 75,712...
Argentina >>  8/15/2022 - Echo Energy plc, the Latin American focused upstream oil and gas company, is pleased to announce the results of the Placing, further to the Company's ...

Bermuda >>  8/15/2022 - Valaris Limited has commenced a consent solicitation (“Consent Solicitation”) with respect to proposed amendments to the indenture (the “Indenture”) g...
Canada >>  8/15/2022 - Civeo Corporation, a leading provider of hospitality services to the natural resources sector, announced that it has agreed to repurchase approximatel...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.