GREY:HRTPF - Post by User
Post by
kentoon Dec 08, 2011 10:32am
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Post# 19303218
HRT/PETRA
HRT/PETRA Because the call option was expressed in R$ and the recent decline of the Brazil R$ relative to the US$, Petra will receive about US$715 million instead of US$826 million assuming that the R$/ US$ rate remain around R$1.8 to the US$