Petrobras Redeems $1.08 Billion in Global Bonds Early
Petrobras plans an early redemption of $1.080945 billion of 5.999% global bonds maturing in 2028 as part of liability management, removing nearly 6% fixed-rate debt two years early. The redemption price will be set Sept. 22, 2026, settling Sept. 25. The company also expands trade credit for Braskem and takes delivery of FPSO units with carbon capture and reinjection for the Búzios field.