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China Petrobras loan cuts need for government bailout – Itau BBA

Monday, February 29, 2016, 19:21
This news item was posted in Business category and has 0 Comments so far.

RIO DE JANEIRO (Reuters) – A credit line of up to $10 billion from China’s state development bank to Petrobras cuts the risk that Brazil’s state-run oil company would need government assistance to pay for debt and investment in 2016, Banco Itau BBA sa

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