Brazilian oil giant Petroleo Brasileiro SA was downgraded one notch by Standard & Poor's to its lowest investment grade rating, BBB-, on concern the company's debt load will rise as it implements a five-year, $174 billion investment program meant to lift Brazil into the leagues of major oil exporting nations.
Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more
Reactions to Petrobras Is Downgraded by S&P
Please enter your email address and password. Not a member? Join now
