Brazil's Petrobras pays off $2 billion revolving credit line

Reuters

Published Sep 28, 2020 08:30AM ET

BRASILIA (Reuters) - Brazilian state-controlled oil producer Petroleo Brasileiro S.A. (SA:PETR4) said on Monday that it has fully repaid the remaining $2 billion balance on its dollar-denominated revolving credit line, which will now allow it to access new facilities.