An arm of Brazil’s Petroleo Brasiliero SA (PBR or Petrobras) obtained a credit line worth 2.6 billion reals ($1.45 billion) from National Development Bank, BNDES.
The credit line was obtained by Companhia Petroquimica de Pernambuco, or PetroquimicaSuape, and the Companhia Integrada Textil de Pernambuco, or Citepe, both companies controlled by Petrobras Quimica.
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