Rio de Janeiro, June 1, 2016 – Petróleo Brasileiro S.A. – Petrobras hereby announces results and amendments with respect to the previously announced tender offers by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”).
Waterfall Tender Offers
Petrobras hereby announces that holders of US$7,523,494,000 and €1,920,133,000 principal amount of the outstanding notes of the series set forth in the table below issued by PGF (the “Waterfall Notes”), tendered their Waterfall Notes at or prior to 5:00 p.m., New York City time, on May 31, 2016 (the “Waterfall Early Tender Date”), pursuant to PGF’s previously announced waterfall tender offers (the “Waterfall Tender Offers”).
The following table summarizes the early tender results as of the Waterfall Early Tender Date and the principal amount of Waterfall Notes that PGF has accepted for purchase, as well as the proration factor for the 3.000% Global Notes due January 2019 (the “2019 Notes”):
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