The document analyzes the bond yields of Petroleo Brasileiro S.A., highlighting an inverted spread curve beyond 2020. It discusses the company's high leverage, significant debt maturities, and the risks associated with bond yields under 11% and prices above 67 for bonds due beyond 2017 without support from the Brazilian government.
doj/DataSet10/EFTA01378483.pdf
{"title":"Petroleo Brasileiro S.A. Bond Yield Analysis","key_people":["Kraig Sore"],"document_date":"2015-10-07","document_type":"tabular","key_organizations":["Petroleo Brasileiro S.A.","Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0075663","SDNY_GM_00221847","EFTA01378483"]}