Petrobras May Quadruple Bond Sales to Fund Tupi, Carioca Plans

Petroleo Brasileiro SA, Brazil's state-controlled oil company, may quadruple bond sales to help fund development of the Western Hemisphere's biggest petroleum discovery since 1976.

"We want to become a more frequent issuer" over the next four years, Chief Financial Officer Almir Barbassa said in an April 17 interview. ... Read full article