Petrobras Pre-payment of debt

Rio de Janeiro, June 29, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that today it prepaid a debt with Citibank, N.A., in the amount of US$ 500 million, whose maturity would occur in 2022.

The operation is in line with the Petrobras liability management strategy, which aims to improve the amortization profile and the cost of debt, taking into account the deleveraging target set forth in its 2018-2022 Business and Management Plan.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.