FWP 1 pbra20150601_fwp.htm pbra20150601_fwp.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
June 1, 2015

 

U.S.$2,500,000,000 6.850% Global Notes Due 2115

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.$2,500,000,000

Maturity:

June 5, 2115

Coupon Rate:

6.850%

Interest Basis:

Payable semi-annually in arrears

Day Count:

30/360

Interest Payment Dates:

June 5 and December 5

First Interest Payment Date:

December 5, 2015

Gross Proceeds:

U.S.$ 2,026,750,000

Issue Price:

81.070%

U.S. Treasury Benchmark:

2.500% due February, 2045

Benchmark Treasury Spot and Yield:

91-00/2.957%

Spread to Benchmark Treasury:

+549.3 bps

Yield to Investors:

8.450%

Make-Whole Call Spread:

+75 bps

Pricing Date:

June 1, 2015

 

 
 

 

Settlement Date:

June 5, 2015 (T+4)

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 AN9

ISIN:

US71647NAN93

Joint Bookrunners:

Deutsche Bank Securities Inc.

J.P. Morgan Securities LLC

 

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 Deutsche Bank Securities Inc. at 800-503-4611 and J.P. Morgan Securities LLC collect 1-212-834-7279.