Epstein Secrets

llar, the biggest decline among 31 major currencies tracked by Bloomberg, and posted its fifth straight monthly loss, the worst streak since 2009. Petrobras shares and bonds dropped as Moody's Investors Service cut the state-controlled oil producer's credit rating to the lowest level of investment grade

lity are subject to change without notice. Additional information is available upon request. Ibovespa Tumbles With Real as Petrobras Ratings Cut by Moody's 2015-01-30 21:03:37.448 GMT By Denyse Godoy and Paula Sambo (Bloomberg) -- The Ibovespa fell the most among major equity benchmarks and the real tu

uesday. The two-step downgrade marks the second cut by Moody's in less than a month for the company, which is embroiled in a widening graft probe. Petrobras's bonds and stock have plunged since November, when police arrested more than 20 people as part of an investigation into whether company executives

rade Jeffrey. From: Daniel Sabba (DEUTSCHE BANK SECURI) [mailto Sent: Wednesday, February 25, 2015 05:19 AM Subject: (BN) Petrobras Cut to Junk by Moody's as Probe Hobbles Oil Producer Sent from Bloomberg Professional for iPhone This has been prepared solely for informational purposes. It is not an of

ds, albeit a timely show of government support and a meaningful improvement in the oil price or the Brazilian macro/fiscal dynamics, we believe the Petrobras curve should be steeper beyond the 2018 maturities (it is now flattish). In any case, Petrobras' longer- dated bonds may continue well supported in

tion are important risk to bondholders. Petrobras has only one investment-grade rating (BBB- by Fitch) and two non- investment-grade ratings (Ba2 by Moody's and BB by S&P) and ratings upgrades are not likely in the near term, in our view. The key positive risks to Petrobras include a faster-than-expecte

ds, albeit a timely show of government support and a meaningful improvement in the oil price or the Brazilian macro/fiscal dynamics, we believe the Petrobras curve should be steeper beyond the 2018 maturities (it is now flattish). In any case, Petrobras' longer- dated bonds may continue well supported in

tion are important risk to bondholders. Petrobras has only one investment-grade rating (BBB- by Fitch) and two non- investment-grade ratings (Ba2 by Moody's and BB by S&P) and ratings upgrades are not likely in the near term, in our view. The key positive risks to Petrobras include a faster-than-expecte