0001193125-17-171041.txt : 20170516 0001193125-17-171041.hdr.sgml : 20170516 20170515211156 ACCESSION NUMBER: 0001193125-17-171041 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170516 DATE AS OF CHANGE: 20170515 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Petrobras Global Finance B.V. CENTRAL INDEX KEY: 0001557157 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-206660-01 FILM NUMBER: 17846844 BUSINESS ADDRESS: STREET 1: WEENAPOINT TOREN A WEENA 722 3RD FLOOR CITY: ROTTERDAM STATE: P7 ZIP: 3014 DA BUSINESS PHONE: 31 0 10 2067000 MAIL ADDRESS: STREET 1: WEENAPOINT TOREN A WEENA 722 3RD FLOOR CITY: ROTTERDAM STATE: P7 ZIP: 3014 DA FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PETROBRAS - PETROLEO BRASILEIRO SA CENTRAL INDEX KEY: 0001119639 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: D5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP 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 FWP 1 d399589dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Filed pursuant to Rule 433

Registration Statements Nos. 333-206660 and 333-206660-01

Relating to Preliminary Prospectus Supplement dated

May 15, 2017

U.S.$2,000,000,000 7.375% Global Notes Due 2027

Pricing Term Sheet

A preliminary prospectus supplement of Petrobras Global Finance B.V. is available from the SEC’s website at www.sec.gov.

 

Issuer:

    Petrobras Global Finance B.V. (“PGF”)

Guarantor:

    Unconditionally and irrevocably guaranteed by Petróleo Brasileiro S.A.—Petrobras

Form:

    Senior Unsecured Notes

Offering:

    SEC-Registered

Currency:

    U.S. Dollars

Reopening Principal Amount:

    U.S.$2,000,000,000 (to become immediately fungible upon the Settlement Date with the outstanding U.S.$2,000,000,000 7.375% Global Notes Due 2027 issued on January 17, 2017 for the principal amount of U.S.$4,000,000,000)

Maturity Date:

    January 17, 2027

Coupon Rate:

    7.375%

Interest Basis:

    Payable semi-annually in arrears

Day Count:

    30/360

Interest Payment Dates:

    January 17 and July 17

First Interest Payment Date:

    July 17, 2017

Gross Proceeds:

    U.S.$2,199,080,000

Reopening Price:

    109.954% (plus accrued interest from January 17, 2017 to, but not including, the settlement date, in an aggregate amount of U.S.$51,215,277.78, assuming settlement on May 22, 2017)

Yield to Investors:

    6.000%

Make-Whole Call Spread:

    +50 bps

Pricing Date:

    May 15, 2017

Settlement Date:

    May 22, 2017 (T+5*)

Listing:

    PGF intends to apply to have the notes approved for listing on the New York Stock Exchange.

Denominations:

    U.S.$2,000 and integral multiples of
U.S.$1,000 in excess thereof

CUSIP:

    71647N AS8

ISIN:

    US71647NAS80

Joint Bookrunners:

   

BB Securities Limited

Banco Bradesco BBI S.A.

Citigroup Global Markets Inc.

HSBC Securities (USA) Inc.

Itau BBA USA Securities, Inc.

Morgan Stanley & Co. LLC

*Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in three business days, unless the parties to such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the pricing date will be required, by virtue of the fact that the Notes initially will settle in five business days (T+5), to specify alternative settlement arrangements to prevent a failed settlement.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus or any prospectus supplement for this offering if you request it by calling BB Securities Limited at +44 (20) 7367-5800, Banco Bradesco BBI S.A. at collect at +1 (212) 888-9145, Citigroup Global Markets Inc. toll-free (U.S. only) at +1 (800) 831-9146, HSBC Securities (USA) Inc. toll-free (U.S. only) at +1 (866) 811-8049, Itau BBA USA Securities, Inc. at collect at +1 (212) 710-6749 or toll-free (U.S. only) at +1 (888) 770-4828 and Morgan Stanley & Co. LLC collect at +1 (212) 761-1057 or toll-free (U.S. only) at +1 (800) 624-1808.