Brazilian oil and gas company, OGX, has issued senior unsecured notes worth $2.563 billion. The notes, carrying a coupon rate of 8.5%, will mature on June 1, 2018. The company will use the proceeds for the exploratory campaign and the production development of its discoveries. JP Morgan, HSBC, Credit Suisse and Itau are the book-runners for the deal, adds The Wall Street Journal.

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