RIO DE
JANEIRO, July 15, 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$23,142,000
|
4.750% Global Notes
Due January 2025
|
- /
XS0982711714
|
€28,715,000
|
5.299% Global Notes
Due January 2025
|
71647NAT6,
71647NAV1,
N6945AAJ6 /
US71647NAT63,
US71647NAV10,
USN6945AAJ62
|
US$14,608,000
|
8.750% Global Notes
Due May 2026
|
71647NAQ2 /
US71647NAQ25
|
US$15,866,000
|
6.250% Global Notes
Due December 2026
|
- /
XS0718502007
|
£75,612,000
|
7.375% Global Notes
Due January 2027
|
71647NAS8 /
US71647NAS80
|
US$99,393,000
|
5.999% Global Notes
Due January 2028
|
71647NAW9,
N6945AAK3,
71647NAY5 /
US71647NAW92,
USN6945AAK36,
US71647NAY58
|
US$19,816,000
|
5.750% Global Notes
Due February 2029
|
71647NAZ2 /
US71647NAZ24
|
US$4,240,000
|
5.375% Global Notes
Due October 2029
|
- /
XS0835891838
|
£45,643,000
|
5.093% Global Notes
Due January 2030
|
71647NBE8,
71647NBF5,
N6945AAL1 /
US71647NBE85, US71647NBF50,
USN6945AAL19
|
US$13,766,000
|
5.600% Global Notes
Due January 2031
|
71647NBH1 /
US71647NBH17
|
US$16,237,000
|
6.625% Global Notes Due
January 2034
|
- /
XS0982711474
|
£19,805,000
|
|
Tender Group
2
|
Title of
Security
|
CUSIP/ISIN
|
Principal Amount
Tendered
and Accepted
|
5.500% Global Notes Due
June 2051
|
71647NBJ7 /
US71647NBJ72
|
US$71,997,000
|
5.625% Global Notes
Due May 2043
|
71647NAA7 /
US71647NAA72
|
US$4,498,000
|
6.750% Global Notes
Due June 2050
|
71647NBG3 /
US71647NBG34
|
US$12,245,000
|
6.850% Global Notes
Due June 2115
|
71647NAN9 /
US71647NAN93
|
US$212,131,000
|
6.900% Global Notes
Due March 2049
|
71647NBD0 /
US71647NBD03
|
US$96,579,000
|
6.750% Global Notes
Due January 2041
|
71645WAS0 /
US71645WAS08
|
US$5,103,000
|
6.875% Global Notes
Due January 2040
|
71645WAQ4 /
US71645WAQ42
|
US$23,843,000
|
7.250% Global Notes
Due March 2044
|
71647NAK5 /
US71647NAK54
|
US$23,800,000
|
The Offers expired at 5:00 p.m.,
New York City time, on
July 12, 2022 and settled today.
The Offers were made pursuant to the terms and conditions set
forth in the offer to purchase dated July 6,
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$790.9 million, as
converted on the basis set forth in the Offer Documents.
PGF engaged BofA Securities, Inc. ("BofA"), Banco Bradesco BBI
S.A. ("Bradesco BBI"), Credit Agricole Securities (USA) Inc. ("Credit Agricole CIB"), Deutsche
Bank Securities Inc. ("Deutsche Bank Securities"), J.P. Morgan
Securities LLC ("J.P. Morgan"), and SMBC Nikko Securities America,
Inc. ("SMBC Nikko" and together with BofA, Bradesco BBI, Credit
Agricole CIB, Deutsche Bank Securities and J.P. Morgan, 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 BofA collect at (646) 855-8988 or toll-free at
(888) 292-0070, Bradesco BBI collect at (646) 432-6643, Credit
Agricole CIB collect at (212) 261-7802 or toll-free at (866)
807-6030, Deutsche Bank Securities collect at collect at (212)
250-2955 or toll-free at (866) 627-0391, J.P. Morgan collect at
(212) 834-2064 or toll-free at (866) 834-4666 and SMBC Nikko
collect at (212) 224-5328 or toll-free at (888) 284-9760.
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