December 4, 2018 / 9:44 AM / 10 days ago

Brazil's Petrobras and Eletrobras reach agreement on debt: filing

FILE PHOTO: The logo of Brazil's state-run oil company Petrobras is pictured in the company headquarters in Sao Paulo, Brazil February 20, 2018. REUTERS/Paulo Whitaker/File Photo

SAO PAULO (Reuters) - Brazil’s state-controlled Petroleo Brasileiro SA (PETR4.SA) (Petrobras) said in a securities filing on Tuesday that it has reached an agreement with Centrais Elétricas Brasileiras SA (ELET6.SA) on the debt of energy companies Amazonas Energia and Amazonas Geração e Transmissão.

Petrobras said Eletrobras, as the power company is known, will take on 3.1 billion reais in debt owed to Petrobras by its subsidiaries and provide more warrants.

Reporting by Carolina Mandl; Editing by Kirsten Donovan

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