This excerpt taken from the PBR 20-F filed May 22, 2009.
Since December 31, 2008, PifCo has incurred U.S.$1,500 million of indebtedness through the issuance of notes in the international capital market and U.S.$4,000 million of indebtedness through various credit facilities. See Item 5. Operating and Financial Review and ProspectsLiquidity and Capital ResourcesPifCoLong-Term Indebtedness Incurred after December 31, 2008.
On May 19, 2009, we concluded negotiations with China Development Bank for a bilateral loan in the amount of U.S.$10 billion. The loan will have a tenor of 10 years and the proceeds will be used to finance our 2009-2013 Business Plan and to finance the acquisition of goods and services from Chinese companies.