USA financial news

Petrobras Proclaims Consideration For Money Tender Gives

RIO DE JANEIRO, June 8, 2021 /PRNewswire/ — Petróleo Brasileiro S.A. – Petrobras (“Petrobras“) (NYSE: PBR) in the present day introduced the consideration for the beforehand introduced money tender gives by its wholly-owned subsidiary, Petrobras International Finance B.V. (“PGF“), with respect to any and all of PGF’s excellent U.S. dollar-denominated notes of the collection set forth within the desk beneath (the “Notes” and such gives, the “Gives“).

The next desk units forth sure details about the Gives, together with the relevant consideration that holders of Notes are eligible to obtain for Notes validly tendered and accepted within the Gives and the supply yield for every collection of Notes, in every case as calculated at 11:00 a.m. (New York Metropolis time) in the present day.

Title of Safety


CUSIP/ISIN


Acceptance
Precedence
Degree


Principal Quantity
Excellent(1)


Reference
U.S.
Treasury
Safety


Bloomberg
Reference
Web page


Mounted
Unfold
(foundation
factors)


Supply
Yield


Consideration(2)

6.750% International Notes
Due June 2050(3)


71647NBG3 /
US71647NBG34


1


US$1,467,091,000


1.875% due
2/15/2051


FIT1


+340


5.633%


US$1,157.51

5.093% International Notes
Due January 2030


71647NBE8,
71647NBF5,
N6945AAL1 /
US71647NBE85,
US71647NBF50,
USN6945AAL19


2


US$3,065,085,000


1.625% due
5/15/2031


FIT1


+233


3.865%


US$1,089.04

6.250% International Notes
Due March 2024


71647NAM1 /

US71647NAM11


3


US$774,384,000


0.25% due
5/15/2024


FIT1


+96


1.266%


US$1,135.06

5.299% International Notes
Due January 2025


71647NAT6,

71647NAV1,

N6945AAJ6 /

US71647NAT63,

US71647NAV10,

USN6945AAJ62


4


US$1,061,324,000


0.75% due
5/31/2026


FIT1


+77


1.544%


US$1,131.96

6.900% International Notes
Due March 2049


71647NBD0 /
US71647NBD03


5


US$1,743,620,000


1.875% due
2/15/2051


FIT1


+328


5.513%


US$1,195.91

6.875% International Notes
Due January 2040


71645WAQ4 /
US71645WAQ42


6


US$983,216,000


2.25% due
5/15/2041


FIT1


+298


5.120%


US$1,208.90

8.750% International Notes
Due Could 2026


71647N AQ2 /
US71647NAQ25


7


US$1,071,541,000


0.75% due
5/31/2026


FIT1


+164


2.414%


US$1,293.93

7.375% International Notes
Due January 2027


71647NAS8 /
US71647NAS80


8


US$1,775,174,000


0.75% due
5/31/2026


FIT1


+204


2.814%


US$1,234.75

5.999% International Notes
Due January 2028


71647NAW9,
N6945AAK3,
71647NAY5 /
US71647NAW92,
USN6945AAK36,
US71647NAY58


9


US$1,748,126,000


1.625% due
5/15/2031


FIT1


+177


3.305%


US$1,159.13

5.750% International Notes
Due February 2029


71647NAZ2 /
US71647NAZ24


10


US$878,965,000


1.625% due
5/15/2031


FIT1


+208


3.615%


US$1,141.35

6.750% International Notes
Due January 2041


71645WAS0 /
US71645WAS08


11


US$1,013,134,000


2.25% due
5/15/2041


FIT1


+309


5.230%


US$1,185.05

5.625% International Notes
Due Could 2043


71647NAA7 /
US71647NAA72


12


US$473,770,000


2.25% due
5/15/2041


FIT1


+268


4.820%


US$1,108.24

7.250% International Notes
Due March 2044


71647NAK5 /
US71647NAK54


13


US$1,286,710,000


2.25% due
5/15/2041


FIT1


+335


5.490%


US$1,227.04



(1)

Together with Notes held by Petrobras or its associates.

(2)

Per US$1,000 principal quantity of Notes validly tendered and accepted for buy, based mostly on the fastened unfold for the relevant collection of Notes plus the yield calculated to the relevant maturity date or par name date, as relevant, based mostly on the bid-side value of the Reference U.S. Treasury Safety for that collection as of 11:00 a.m. (New York Metropolis time) in the present day.  The relevant consideration doesn’t embody accrued and unpaid curiosity on the Notes accepted for buy by the Settlement Date (as outlined beneath), which shall be payable in money

(3)

The par name date for this collection of Notes is December 3, 2049, or six months previous to the scheduled maturity date.

The Gives are being made pursuant to the phrases and situations set forth within the supply to buy, dated June 2, 2021, and the accompanying discover of assured supply (collectively, the “Supply Paperwork“).

The Gives will expire at 5:00 p.m., New York Metropolis time, in the present day until prolonged with respect to an Supply. The settlement date with respect to the Gives is anticipated to happen on June 11, 2021 (the “Settlement Date“).

PGF has engaged BofA Securities, Inc., Goldman Sachs & Co. LLC, Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., Santander Funding Securities Inc. and UBS Securities LLC to behave as vendor managers with respect to the Gives (the “Supplier Managers“). International Bondholder Providers Company is performing because the depositary and knowledge agent (the “Depositary“) for the Gives.

This announcement is for informational functions solely, and doesn’t represent a suggestion to buy or promote or a solicitation of a suggestion to promote or buy any securities. 

The Gives should not being made to holders of Notes in any jurisdiction wherein PGF is conscious that the making of the Gives wouldn’t be in compliance with the legal guidelines of such jurisdiction.  In any jurisdiction wherein the securities legal guidelines or blue sky legal guidelines require the Gives to be made by a licensed dealer or vendor, the Gives shall be deemed to be made on PGF’s behalf by the Supplier Managers or a number of registered brokers or sellers which can be licensed below the legal guidelines of such jurisdiction.  Any questions or requests for help concerning the Gives could also be directed to BofA Securities, Inc. acquire at +1 (646) 855-8988 or toll free at +1 (888) 292-0070, Goldman Sachs & Co. LLC acquire at +1 (212) 357-1452 or toll-free (U.S. solely) at +1 (800) 828-3182, Itau BBA USA Securities, Inc. acquire at +1 (212) 710–6749 or toll-free (U.S. solely) at +1 (888) 770-4828, J.P. Morgan Securities LLC acquire at +1 (212) 834-3424 or toll-free (U.S. solely) at +1 (866) 846-2874, MUFG Securities Americas Inc. acquire at +1 (212) 405-7481 or toll-free (U.S. solely) at +1 (877) 744-4532, Santander Funding Securities Inc. acquire at +1 (855) 403-3636 and UBS Securities LLC acquire at +1 (203) 719-4210 or toll-free (U.S. solely) at +1 (888) 719-4210.  Requests for extra copies of the Supply Paperwork could also be directed to International Bondholder Providers Company at +1 (866) 470-3800 (toll-free) or +1 (212) 430-3774.  The Supply Paperwork will be accessed on the following hyperlink: http://www.gbsc-usa.com/Petrobras/.

Holders are suggested to verify with any financial institution, securities dealer or different middleman by which they maintain Notes as to when such middleman would wish to obtain directions from such holder to ensure that that holder to have the ability to take part in, or withdraw their instruction to take part in, a Supply, earlier than the deadlines specified herein and within the Supply Paperwork.  The deadlines set by any such middleman and the related clearing programs for the submission and withdrawal of tender directions may even be sooner than the related deadlines specified herein and within the Supply Paperwork.

The Gives are being made solely pursuant to the Supply Paperwork.  The Supply Paperwork haven’t been filed with, and haven’t been accepted or reviewed by any federal or state securities fee or regulatory authority of any nation.  No authority has handed upon the accuracy or adequacy of the Supply Paperwork or some other paperwork associated to the Gives, and it’s illegal and could also be a prison offense to make any illustration on the contrary.

The communication of this announcement and some other paperwork or supplies referring to the Gives just isn’t being made and such paperwork and/or supplies haven’t been accepted by a licensed individual for the needs of Part 21 of the Monetary Providers and Markets Act 2000.  This announcement and some other paperwork associated to the Gives are for distribution solely to individuals who (i) have skilled expertise in issues referring to investments falling inside Article 19(5) of the Monetary Providers and Markets Act 2000 (Monetary Promotion) Order 2005 (the “Order“), (ii) are individuals falling inside Article 49(2)(a) to (d) (“excessive web price corporations, unincorporated associations, and so on.”) of the Order, (iii) are exterior the United Kingdom, (iv) are members or collectors of sure our bodies company as outlined by or inside Article 43(2) of the Order, or (v) are individuals to whom an invite or inducement to have interaction in funding exercise (inside the which means of part 21 of the Monetary Providers and Markets Act 2000) in reference to the difficulty or sale of any securities might in any other case lawfully be communicated or prompted to be communicated (all such individuals collectively being known as “related individuals”).  This announcement and some other paperwork associated to the Gives are directed solely at related individuals and should not be acted on or relied on by individuals who should not related individuals.  Any funding or funding exercise to which this course of launch and some other paperwork associated to the Gives can be found solely to related individuals and shall be engaged in solely with related individuals.

Ahead-Wanting Statements

This announcement accommodates forward-looking statements.  Ahead-looking statements are info of a non-historical nature or which relate to future occasions and are topic to dangers and uncertainties.  No assurance will be on condition that the transactions described herein shall be consummated or as to the last word phrases of any such transactions.  Petrobras undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new info or future occasions or for some other purpose.

SOURCE Petróleo Brasileiro S.A. – Petrobras

Related posts

U.S. seems to Canada for minerals to construct EVs

admin

A nation teetering on the sting struggles by way of switch of energy

admin

Retarus and MicroCorp Announce Strategic Partnership

admin

Leave a Comment