China is lending the world’s most indebted company another $10 billion

By some measures, Brazil’s state oil behemoth Petrobras is the world’s most-indebted company. And managing that debt load—roughly $130 billion at the end of last year—has become increasingly tough. The weakness of both oil prices and Brazil’s currency makes foreign bond holders tougher to pay off. It also raises the […]

Quartz via CHINA US Focus http://ift.tt/1INLG5T