Petrobras concludes debt renegotiation of the CEA worth $60.3 mm

Petrobras signed with the Companhia de Eletricidade do Amapá (CEA) a legal agreement to end litigation and credit recovery, recognized in the amount of R$ 314 million ($60.3 mm). Under the agreement, the oil company should receive R$ 132.6 million ($25.5 mm) unconditionally, distributed in 24 successive monthly installments.

Source: UOL Economia