Petrobras uses proceeds from field sale for early loan repayment
November 28, 2016 at 16:42 PM EST
SAO PAULO, Nov 28 (Reuters) - Brazil's state-controlled Petróleo Brasileiro SA has used half the proceeds from the sale of a Brazilian offshore oil field to repay a loan taken from state development bank BNDES, the latest step toward reducing the largest debt burden of any global oil firm.