Article: Brazil : Brazil s Odebrecht Secures $1.5 Billion For Deep Sea Drilling Vessels.

Brazilian construction conglomerate Odebrecht Oil and Gas said Friday that it has secured a $1.5 billion loan for its two deep sea drilling vessels.

Odebrecht said that it will invest a total of $1.7 billion in the two vessels, which drill for oil and gas along with Brazil oil company Petrobras (PBR) off the East Coast.

The $1.5 billion project finance loan comes from 12 banks and two export credit agencies including Banco Santander, Societe ...

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