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Petrobras prepays $500 million bank debt due 2022
By Marisa Wong
Morgantown, W.Va., July 2 – Petroleo Brasileiro SA prepaid $500 million of debt owed to Citibank, NA on Friday, according to a 6-K filing with the Securities and Exchange Commission.
The prepaid debt would have matured in 2022.
Petrobras is a Rio de Janeiro-based oil and gas company.
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