0001104659-24-076338.txt : 20240628 0001104659-24-076338.hdr.sgml : 20240628 20240628165656 ACCESSION NUMBER: 0001104659-24-076338 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240628 FILED AS OF DATE: 20240628 DATE AS OF CHANGE: 20240628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PETROBRAS - PETROLEO BRASILEIRO SA CENTRAL INDEX KEY: 0001119639 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: D5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15106 FILM NUMBER: 241086558 BUSINESS ADDRESS: STREET 1: AVENIDA REPUBLICA DO CHILE 65 CITY: RIO DE JANERIO RJ BR STATE: D5 ZIP: 20035-900 BUSINESS PHONE: 55-21-534-4477 MAIL ADDRESS: STREET 1: AVENIDA REPUBLICA DO CHILE 65 CITY: RIO DE JANERIO RJ BR STATE: D5 ZIP: 20035-900 FORMER COMPANY: FORMER CONFORMED NAME: BRAZILIAN PETROLEUM CORP DATE OF NAME CHANGE: 20000717 6-K 1 tm2418527d1_6k.htm FORM 6-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June, 2024

 

Commission File Number 001-15106

 

PETRÓLEO BRASILEIRO S.A. - PETROBRAS

(Exact name of registrant as specified in its charter)

 

Brazilian Petroleum Corporation - PETROBRAS

(Translation of Registrant's name into English)

 

Avenida Henrique Valadares, 28 
20241-030 - Rio de Janeiro, RJ
Federative Republic of Brazil

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x    Form 40-F  ¨

 

 

 

 

 

 

PETROBRAS ANNOUNCES REDEMPTION OF 4.750% GLOBAL NOTES DUE 2025

 

RIO DE JANEIRO, BRAZIL – June 28, 2024 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 4.750% Global Notes due 2025 (the “Notes”).

 

Title of Security ISIN Common Code Aggregate Principal Amount to be Redeemed
4.750% Global Notes due 2025 XS0982711714 098271171 €271,945,000


The redemption date for the Notes will be July 29, 2024 (“Redemption Date”).

 

The redemption price for the Notes will be the greater of (A) 100% of the principal amount of such Notes and (B) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on an annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Bund Rate plus 40 basis points (the “Euro Make-Whole Amount”), plus in the case of each of clauses (A) and (B) above, accrued interest on the principal amount of such Notes from January 14, 2024 to (but not including) the Redemption Date. The Euro Make-Whole Amount will be determined and communicated to holders of the Notes on the third Business Day preceding the Redemption Date.

 

Payment on the Notes will be made prior to 12:00 pm London time on the business day preceding the Redemption Date by credit to the account of The Bank of New York Mellon, the trustee for the Notes (the “Trustee”), as paying agent for the Notes. The Trustee will cause funds to be paid to The Bank of New York Mellon, London Branch, as common depositary for Clearstream and Euroclear, for further payment to its participants.

 

On the Redemption Date, the Euro Make-Whole Amount, plus accrued interest, will become due and payable. Interest on the Notes will cease to accrue on and after the Redemption Date. Upon the redemption, the Notes will cease to be listed on the Luxembourg Stock Exchange, and the Notes and the related guarantees by Petrobras will be cancelled and any obligation thereunder extinguished.

 

PGF intends to fund the amounts necessary to redeem the Notes with available cash on hand.

 

For more information or if you have any questions regarding the redemption, please contact Petrobras’s investor relations department at petroinvest@petrobras.com.br.

 

Forward-Looking Statements

 

This announcement contains forward-looking statements. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. Petrobras undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

PETRÓLEO BRASILEIRO S.A--PETROBRAS

     
  By:  /s/ Guilherme Rajime Takahashi Saraiva
    Name: Guilherme Rajime Takahashi Saraiva
   

Title: Attorney-in-fact

     
  By: /s/ Andre Luis Campos Silva
    Name: Andre Luis Campos Silva
   

Title: Attorney-in-fact

 

Date: June 28, 2024