FINNEWS LATAM-Buy existing Petrobras bonds instead of new issues, Barclays says
According to Barclays analyst Chris Buck, investors willing to add exposure to debt by Petróleo Brasileiro SA will benefit from buying existing bonds with maturities between 2018 and 2021, rather than simply waiting for a new issue. According to a note, Buck said Barclays's preferred bonds by Petrobras, as the company is known, include the 5.875 percent notes due in 2018, the 7.875 percent bond due in 2019, the 5.75 percent due in 2020 and the 5.375 percent maturing in 2021.
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