FWP 1 pbra20140310_fwp1.htm U.S.$1,500,000,000 4.875% GLOBAL NOTES DUE 2020 pbra20140310_fwp1.htm - Generated by SEC Publisher for SEC Filing

 

Filed pursuant to Rule 433
Registration Statements Nos. 333-183618 and 333-183618-01
Relating to Preliminary Prospectus Supplement dated 
March 10, 2014

U.S.$1,500,000,000 4.875% Global Notes due 2020

Pricing Term Sheet

A preliminary prospectus supplement of Petrobras Global Finance B.V. accompanies this free writing prospectus and 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

Principal Amount:

U.S.$1,500,000,000

Maturity:

March 17, 2020

Coupon Rate:

4.875%

Interest Basis:

Payable semi-annually in arrears

Day Count:

30/360

Interest Payment Dates:

March 17 and September 17

First Interest Payment Date:

September 17, 2014

Gross Proceeds:

U.S.$1,496,145,000

Issue Price:

99.743%

U.S. Treasury Benchmark:

1.500% due February 28, 2019

Benchmark Treasury Spot and Yield:

99-13 / 1.625%

Spread to Benchmark Treasury:

+ 330 bps

Yield to Investors:

4.925%

Make-Whole Call Spread:

+ 50 bps

Pricing Date:

March 10, 2014

Settlement Date:

March 17, 2014 (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 AH2

ISIN:

US71647NAH26

Joint Bookrunners:

Bank of China (Hong Kong) Limited

BB Securities Ltd.

Banco Bradesco BBI S.A.
Citigroup Global Markets Inc.
HSBC Securities (USA) Inc.

J.P. Morgan Securities LLC

 

Co-Managers:

Banca IMI S.p.A.

Scotia Capital (USA) Inc.

 

 

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 Bank of China (Hong Kong) Limited at 852-3982-9825, BB Securities Ltd. collect at 44-20-7367-5800, Banco Bradesco BBI S.A. at 1-212-888-9142, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, HSBC Securities (USA) Inc. at 1-866-811-8049, J.P. Morgan Securities LLC collect at 1-212-834-4533.