Board of Brazil's Eletrobras OKs Petrobras debt renegotiation
December 12, 2014 at 07:27 AM EST
SAO PAULO (Reuters) - Brazil's state-run power company Eletrobras said on Friday its board had approved a plan to renegotiate 8.5 billion reais ($3.2 billion) in debt owed to state-run oil firm Petroleo Brasileiro SA .
