Friday, February 26, 2016

UPDATE 2-China's loan to Petrobras may help pay most 2016 debt -source

RIO DE JANEIRO, Feb 26 (Reuters) - China's loan to Brazil's Petrobras announced Friday is for $5 billion to $10 billion and can be paid in cash or oil at China's request, and may help pay the bulk of the $12 billion in debt the state-run oil company must pay this year, a source involved in debt talks told Reuters late Friday.











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