Petrobras (ticker: PBR) expects to raise US$2.5 billion through the issuance of 100-year global notes, the company announced on June 1, 2015. The notes include an annual yield of 8.45% and were issued at $0.81 on the dollar, enticing about $13 billion from potential investors, according to a source of The Wall Street Journal.

Petrobras is the most indebted oil company in the world and is reaching to outside markets to fuel future development. PBR wrote off more than $16 billion from its ongoing scandal and owes more than $130 billion in curr...


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