The Petrobras case explore the debt financing decision of one of the major oil companies on the planet. The endeavor would be to determine on debt issues that are needed to finance increase investments of Petrobras.
Learning objectives: The case understand the mechanisms behind bond markets, and gives the chance to price a corporate bond issue. Some of the themes that can be covered are: expected prices (percent yield) that Petrobras will incur, evaluations and spreads, fiscal crisis, coupon rates and the value of the bonds, underwriter reduction, all-in-cost of the bond.
THE OCTOBER 2009 PETROBRAS BOND ISSUE (A) Case Study Solution
PUBLICATION DATE: January 01, 2010 PRODUCT #: IMD633-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING