Petrobras Concludes $4 Bln Bond Buyback
Brazilian state-run oil company Petroleo Brasileiro SA has concluded the buyback of $4 billion of bonds, the company said in a securities filing on Tuesday, after reaching the program's stipulated limit.
In May, Petrobras, as the company is known, announced plans to buy back up to $4 billion in global bonds. While the buyback period lasts until June 18, the company will not accept additional offers, the company said.
(Reporting by Gram Slattery)