Petrobras announces the pricing of Global Notes

Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces the pricing of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”).  The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras.  Closing is expected to occur on June 10,... Continue Reading →

Petrobras on the sale of a petrochemical company stake

Petróleo Brasileiro S.A. –  Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire 27.88% stake in Deten Química S.A. (Deten), located in the Camaçari industrial complex, in the state of Bahia. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for... Continue Reading →

Petrobras announces offering of Global Notes and commencement of cash tender offers

Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced (i) an offering of U.S. dollar-denominated global notes in the international capital markets (the “New Notes”), subject to market and other conditions (the “New Notes Offering”), and (ii) cash tender offers to purchase any and all of certain of its... Continue Reading →

EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme

(Reuters) Authorities in Brazil are investigating senior employees at Connecticut-based trading house Freepoint Commodities for their alleged role in a bribery scheme involving state-run oil company Petrobras, Reuters has learned. Federal police here suspect Freepoint, through an intermediary, routed bribes to Petrobras employees for a roughly seven-year period ending in 2018. Reuters pieced together the... Continue Reading →

Petrobras about Shareholders Meeting

 Petróleo Brasileiro S.A. – Petrobras, in relation to news published in the media about the report of the Brazilian Securities and Exchange Commission (CVM) about the Board of Directors members election that took place at the Extraordinary General Meeting on April 12, 2021 (EGM), clarifies that no irregularities in the voting process were found. In the... Continue Reading →

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