Petrobras' (NYSE:PBR) record $70B share offering was oversubscribed, with buyers including...

Petrobras' (NYSE:PBR) record $70B share offering was oversubscribed, with buyers including sovereign wealth funds from the Middle East and Asia. The offer's 2% discount was much smaller than investors expected, and suggests strong demand. Time will tell how buyers make out... PBR -1.1% premarket.