for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Brazil's Petrobras pays back $2.1 bln in revolving credit

RIO DE JANEIRO, Aug 25 (Reuters) - Brazilian state-run oil firm Petrobras has made an early repayment on $2.1 billion of revolving credit lines, it said on Tuesday.

In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said the move would free up cash for future credit operations.

Reporting by Gram Slattery Editing by Chris Reese

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up