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July 1, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced cash tender offers to repurchase certain of its outstanding U.S. Dollar-, Euro- and Pound Sterling-denominated notes (the “Tender Offers”). Continue reading
Caixa Economica Federal raised about 7.3 billion reais (S$2.57 billion) by selling a stake in oil and gas giant Petroleo Brasileiro SA (Petrobas) as Brazil's biggest state-owned lender works to help the government reduce its debt. Caixa sold about 241.3 million shares at 30.25 reais apiece, according to a person familiar to the matter who... Continue Reading →
YPF SA, Argentina’s biggest oil company, sold overseas bonds for the first time in more than a year after a plunge in borrowing costs opened a window of opportunity. The driller issued $500 million of 10-year, dollar-denominated notes to yield 8.75%, according to people familiar with the offer, who asked not to be identified because... Continue Reading →
See attached 3Q, 2017 Financial Statements in USD and Results Announcement Petrobras 3Q 2017 Financial Statements Petrobras 3Q 2017 Results Annoucement
Rio de Janeiro - November 13th, 2017 - JAN-SEP OF 2017 RESULTS - Derived from consolidated interim financial information reviewed by independent auditors, prepared in accordance with International Financial Reporting Standards - IFRS. Net income R$ 0.266 billion Production 2.776 Mbbl/d Adjusted EBITDA R$ 63.6 million Main highlights Main financial highlights Net Income of R$... Continue Reading →
Rio de Janeiro, November 6, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has executed debt prepayment (US$ 1.28 billion), renegotiation of existing debt (US$ 1.6 billion) and new financing operation (US$ 300 million), according to the tables below. The company will continue to assess new prepayment and funding opportunities pursuant to its... Continue Reading →
Rio de Janeiro, October 27, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it will release its 3rd quarter 2017 results on November 13, 2017, after the market is closed. Therefore, between 10/29/2017 and 11/13/2017, the company will be in quiet period, during which it will not be able to comment or provide clarifications... Continue Reading →
Brazil lowered borrowing costs by 75 basis points, and signaled it will slow the pace of monetary easing further as inflation bottoms out and the economy gains steam. Read more
Rio de Janeiro, October 25, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved today accession to the non-Tax Debt Settlement Program (Programa de Regularização de Débitos não Tributários, "PRD"), according to Law no. 13.494, of October 24, 2017. PRD allows the inclusion of government take debts with the National... Continue Reading →
Rio de Janeiro, October 23, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that, in a trial held on October 19, 2017, the Third Class of the Federal Regional Court of the 2nd Region rendered an unfavorable decision to the company, considering that the remittances for payment of chartering of mobile oil platforms, from 1999... Continue Reading →
