RIO DE
JANEIRO, April 14, 2022 /PRNewswire/ -- Petróleo
Brasileiro S.A. – Petrobras ("Petrobras") (NYSE: PBR) today
announced the final results and settlement of the previously
announced cash tender offers by its wholly-owned subsidiary,
Petrobras Global Finance B.V. ("PGF"), with respect to any and all
of PGF's outstanding notes of the series set forth in the table
below (the "Notes" and such offers, the "Offers").
The following tables set forth the aggregate principal amount of
Notes validly tendered and accepted for purchase in the
Offers:
Tender Group
1
|
Title of
Security
|
CUSIP/ISIN
|
Principal Amount
Tendered and Accepted
|
6.250% GLOBAL NOTES
DUE MARCH 2024
|
71647NAM1 /
US71647NAM11
|
US$58,159,000
|
4.750% GLOBAL NOTES
DUE JANUARY 2025
|
- /
XS0982711714
|
€135,488,000
|
5.299% GLOBAL NOTES
DUE JANUARY 2025
|
71647NAT6, 71647NAV1,
N6945AAJ6 /
US71647NAT63,
US71647NAV10, USN6945AAJ62
|
US$77,659,000
|
8.750% GLOBAL NOTES
DUE MAY 2026
|
71647NAQ2 /
US71647NAQ25
|
US$101,804,000
|
6.250% GLOBAL NOTES
DUE DECEMBER 2026
|
- /
XS0718502007
|
£16,429,000
|
7.375% GLOBAL NOTES
DUE JANUARY 2027
|
71647NAS8 /
US71647NAS80
|
US$224,173,000
|
5.999% GLOBAL NOTES
DUE JANUARY 2028
|
71647NAW9, N6945AAK3,
71647NAY5 /
US71647NAW92, USN6945AAK36, US71647NAY58
|
US$201,932,000
|
5.750% GLOBAL NOTES
DUE FEBRUARY 2029
|
71647NAZ2 /
US71647NAZ24
|
US$35,314,000
|
5.375% GLOBAL NOTES
DUE OCTOBER 2029
|
- /
XS0835891838
|
£10,633,000
|
5.093% GLOBAL NOTES
DUE JANUARY 2030
|
71647NBE8, 71647NBF5,
N6945AAL1 / US71647NBE85, US71647NBF50, USN6945AAL19
|
US$672,459,000
|
Tender Group
2
|
Title of
Security
|
CUSIP/ISIN
|
Principal Amount
Tendered and Accepted
|
5.500% GLOBAL NOTES DUE
JUNE 2051
|
71647NBJ7 /
US71647NBJ72
|
US$53,549,000
|
5.625% GLOBAL NOTES
DUE MAY 2043
|
71647NAA7 /
US71647NAA72
|
US$8,414,000
|
6.750% GLOBAL NOTES
DUE JUNE 2050
|
71647NBG3 /
US71647NBG34
|
US$47,682,000
|
6.900% GLOBAL NOTES
DUE MARCH 2049
|
71647NBD0 /
US71647NBD03
|
US$36,521,000
|
5.600% GLOBAL NOTES
DUE JANUARY 2031
|
71647NBH1 /
US71647NBH17
|
US$176,533,000
|
6.625% GLOBAL NOTES DUE
JANUARY 2034
|
- /
XS0982711474
|
£4,987,000
|
6.750% GLOBAL NOTES
DUE JANUARY 2041
|
71645WAS0 /
US71645WAS08
|
US$49,694,000
|
6.875% GLOBAL NOTES
DUE JANUARY 2040
|
71645WAQ4 /
US71645WAQ42
|
US$8,821,000
|
7.250% GLOBAL NOTES
DUE MARCH 2044
|
71647NAK5 /
US71647NAK54
|
US$10,182,000
|
The Offers expired at 5:00 p.m.,
New York City time, on
April 11, 2022 and settled today.
The Offers were made pursuant to the terms and conditions set
forth in the offer to purchase dated April
5, 2022, and the accompanying notice of guaranteed delivery
(together, the "Offer Documents").
The aggregate amount paid by PGF to holders whose Notes were
accepted for purchase, excluding accrued and unpaid interest, was
approximately US$2.0 billion, as
converted on the basis set forth in the Offer Documents.
PGF engaged BNP Paribas Securities Corp. ("BNP PARIBAS"),
Citigroup Global Markets Inc. ("Citigroup"), HSBC Securities
(USA) Inc. ("HSBC"), Mizuho
Securities USA LLC ("Mizuho
Securities"), Morgan Stanley & Co. LLC ("Morgan Stanley"), and
Scotia Capital (USA) Inc.
("Scotiabank" and together with BNP, Citi, HSBC, Mizuho and Morgan
Stanley, the "Dealer Managers") to act as dealer managers with
respect to the Offers. Global Bondholder Services Corporation
acted as the depositary and information agent (the "Depositary")
for the Offers.
This announcement is for informational purposes only, and does
not constitute an offer to purchase or a solicitation of an offer
to sell any securities.
Any questions or requests for assistance regarding the Offers
may be directed to BNP PARIBAS confirmation No. at +1 (212)
841-3059 or toll-free at +1 (888) 210-4358, Citigroup collect at +1
(212) 723-6106 or toll free at +1 (800) 558-3745, HSBC collect at
+1 (212) 525-5552 or toll free at +1 (888) HSBC-4LM, Mizuho
Securities collect at +1 (212) 205-7736 or toll free at +1 (866)
271-7403, Morgan Stanley collect at +1 (212) 761-1057 or toll free
at +1 (800) 624-1808 and Scotiabank collect at +1 (212) 225-5501 or
toll free at +1 (833) 498-1660. Requests for additional
copies of the Offer Documents may be directed to Global Bondholder
Services Corporation at +1 (855) 654-2015 (toll-free) or +1 (212)
430-3774 (banks and brokers call). The Offer Documents can be
accessed at the following link:
https://www.gbsc-usa.com/Petrobras/.
The Offers were made solely pursuant to the Offer
Documents. The Offer Documents have not been filed with, and
have not been approved or reviewed by any federal or state
securities commission or regulatory authority of any country.
No authority has passed upon the accuracy or adequacy of the Offer
Documents or any other documents related to the Offers, and it is
unlawful and may be a criminal offense to make any representation
to the contrary.
Notice to Prospective Investors in
the United Kingdom
The communication of this announcement and any other
documents or materials relating to the Offers is not being made and
such documents and/or materials have not been approved by an
authorized person for the purposes of Section 21 of the Financial
Services and Markets Act 2000. This announcement and any such
related documents and/or materials are for distribution only to
persons who (i) have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (the
"Order"), (ii) are persons falling within Article 49(2)(a) to (d)
("high net worth companies, unincorporated associations, etc.") of
the Order, (iii) are outside the United
Kingdom, (iv) are members or creditors of certain bodies
corporate as defined by or within Article 43(2) of the Order, or
(v) are persons to whom an invitation or inducement to engage in
investment activity (within the meaning of section 21 of the
Financial Services and Markets Act 2000) in connection with the
offer to purchase any securities may otherwise lawfully be
communicated (all such persons together being referred to as
"relevant persons"). This announcement and any such related
documents and/or materials are directed only at relevant persons
and must not be acted on or relied on by persons who are not
relevant persons. Any investment or investment activity to
which this press release and any such related documents and/or
materials are available only to and will be engaged in only with
relevant persons.
Forward-Looking
Statements
This announcement contains forward-looking statements.
Forward-looking statements are information of a non-historical
nature or which relate to future events and are subject to risks
and uncertainties. No assurance can be given that the
transactions described herein will be consummated or as to the
ultimate terms of any such transactions. Petrobras undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or future events
or for any other reason.
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SOURCE Petróleo Brasileiro S.A. - Petrobras