The Petrobras case investigates the debt financing decisions of one of the biggest oil companies in the world. The task will be to decide on debt problems that are needed to finance increase investments of Petrobras. Learning objectives: The case gives the chance to price a corporate bond issue, and understand the mechanics behind bond markets.
Some of the issues that can be covered are: estimated prices (percent yield) that Petrobras will incur, ratings and spreads, financial catastrophe, coupon rates and the value of the bonds, underwriter discount, all in-cost of the bond.
PUBLICATION DATE: January 01, 2010 PRODUCT #: IMD638-PDF-ENG
THE OCTOBER 2009 PETROBRAS BOND ISSUE (C) Case Study Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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