SAO PAULO Dec 14 Brazil's Braskem SA
, the largest petrochemical producer in Latin America,
signed a leniency deal on Wednesday with Brazilian prosecutors
leading a sweeping corruption probe into political kickbacks at
state-run oil company Petrobras, the company said in
a securities filing.
The company agreed to pay 3.1 billion reais ($920 million)
in fines to Brazilian authorities. Around half will be paid in
cash immediately, while the rest will be paid in six years
beginning in 2018. Braskem did not elaborate on previously
disclosed negotiations with U.S. authorities.
($1 = 3.3690 reais)
(Reporting by Tatiana Bautzer; Editing by Alan Crosby)