Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Alarm sounded on Petrobras leverage; investment-grade rating at risk
Petrobras, Brazil’s oil behemoth, is poised to breach its self-imposed leverage rules and will continue to have a large negative cash-flow position in the coming years, bringing the company’s investment-grade status into question.
To receive similar stories, sign up for Regions and emerging markets emails.