Already a Bloomberg.com user?
Sign in with the same account.
BG Group Plc (BG/) received initial approval for $1.8 billion of finance from the Brazilian Development Bank to fund the company’s investment in offshore oil fields in the Latin American country.
The loan, subject to a final agreement, will be allocated to BG Group’s share of local construction costs for eight floating, production, storage and offload platforms, the company said in a statement.
To contact the editor responsible for this story: Will Kennedy at email@example.com