Brazil's 3R Petroleum subsidiary agrees on a $500 mln loan to pay for Potiguar Oilfield

Banco Santander Brasil SA

03/08/2022 01:18

Aug 2 (Reuters) - Brazil oil company 3R Petroleum said on
Tuesday its subsidiary 3R Lux agreed to a $500 million loan to
pay for the acquisition of the country's Potiguar oil field.
    In a securities filing, the company said the loan will be
granted by a group of lenders led by Morgan Stanley senior
funding, including Banco do Brasil SA, Citibank, Deutsche Bank
AG, HSBC Mexico SA, Itau BBA International and Santander Brasil
SA.
    It added the loan shall mature within 54 to 60 months from
August 2.

 (Reporting by Carolina Pulice)
 ((Carolina.Pulice@thomsonreuters.com;))