Petrobras

Petrobras – Arbitrations filed by pension funds

Rio de Janeiro, November 14, 2017 – Petróleo Brasileiro S.A. – Petrobras, further to the press releases disclosed on 10/04/2017 and 11/13/2017, informs that it has been notified, today, of two requests for the filing of an arbitration before the B3 Arbitration Chamber, one by Petros and another by Previ. In addition, the company was notified of Funcef’s intention to participate in the arbitration filed by individuals and a small group of legal entities.

None of these filings quantify the value of the dispute.

Petrobras reiterates that the legislation does not support this initiative and will defend itself to guarantee its interests and the interests of its shareholders.

Categories: Petrobras

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