Petrobras Gets $10 Billion Chinese Loan in Oil Supply DealBy and
Funding stems from accords signed with Asian nation last year
Producer has sought to avoid high borrowing costs for bonds
Petroleo Brasileiro SA secured a $10 billion loan from China Development Bank Corp. as the beleaguered state-owned oil producer endures the worst crude market in a generation and faces more than double that amount in maturities over the next two years.
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