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Wednesday, 09/23/2015 6:17:37 PM

Wednesday, September 23, 2015 6:17:37 PM

Post# of 48
Petrobras Default Looms Under $90B Dollar-Denominated Debt


For the first half of 2015, Petrobras' revenue was down 27% Y/Y from $71.4 billion to $52.0 billion

http://www.zerohedge.com/news/2015-09-23/petrobras-default-looms-under-90b-dollar-denominated-debt







The Brazilian government directly owns 54 percent of Petrobras' common shares with voting rights
https://en.wikipedia.org/wiki/Petrobras

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