• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Petrobras International Finance Co. Apr 02 Product Image

Summary: Petrobras International Finance Co. Apr 02

  • ID: 2030535
  • April 2002
  • Region: Global
  • Standard & Poors

Abstract
Petrobras International Finance Co., a Cayman Islands company, is authorized to issue up $335 million in commercial paper notes. The proceeds of the notes will be used to finance the importation of crude oil, refined oil, and their by-products by Petroleo Brasileiro S.A. An irrevocable LOC from Barclays Bank PLC supports the payment of notes at maturity....

Companies mentioned in this report are:
- Petrobras International Finance Co.
- Petroleo Brasileiro S.A. - Petrobras
- Barclays Bank PLC

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Petrobras International Finance Co.
- Petroleo Brasileiro S.A. - Petrobras
- Barclays Bank PLC

Note: Product cover images may vary from those shown

RELATED PRODUCTS