Petrobras Announces Final Results Of Its Private Exchange Offers And Related Tender Offers For Five Series Of Notes And The Closing Of Its Concurrent Offering Of USD Denominated Global Notes

RIO DE JANEIRO, Sept. 27, 2017

Closing of New Money Notes

The New Money Offering by PGF (the "New Money Offering") of U.S.$1.0 billion aggregate principal amount of its 5.299% Global Notes due 2025 and U.S.$1.0 billion aggregate principal amount of its 5.999% Global Notes due 2028 (together, the "New Money Notes") closed today, September 27, 2017.  The terms of the New Money Notes, which are identical to the New Notes (as defined below), are as follows:

	5.299% Global Notes due 2025	5.999% Global Notes due 2028
Amount (not including New Notes issued pursuant to the Exchange Offers):	U.S.$1,000,000,000 ARIVA.DE Börsen-Geflüster Werbung Weiter aufwärts? Kurzfristig positionieren in Petroleo Brasileiro SA ADR HS1RJK Ask: 2,49 Hebel: 4,06 mit moderatem Hebel Zum Produkt HSBC Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie hier: HS1RJK,. Beachten Sie auch die weiteren Hinweise zu dieser Werbung. Der Emittent ist berechtigt, Wertpapiere mit open end-Laufzeit zu kündigen. Kurse Petroleo Brasileiro SA ADR 14,90 € +1,36%	U.S.$1,000,000,000
Coupon:	5.299%	5.999%
Issue Price:	100.000%	100.000%
Yield to Maturity:	5.300%	6.000%
First Interest Payment Date:	January 27, 2018	January 27, 2018
Interest Payment Dates:	January 27 and July 27	January 27 and July 27
Maturity Date:	January 27, 2025	January 27, 2028

Exchange Offers

The Exchange Offers were made pursuant to the terms and subject to the conditions set forth in the Offering Memorandum dated September 18, 2017 (the "Offering Memorandum," as amended and supplemented, and together with the accompanying eligibility letter and notice of guaranteed delivery, the "Exchange Offer Documents").

The Exchange Offers expired at 5:00 p.m., New York City time, on September 22, 2017 and settled today, September 27, 2017 (the "Settlement Date").  Upon the closing of the New Money Offering, the New Money Offering Condition and the New Notes Fungibility Condition (each as defined in the Offering Memorandum) were satisfied.  All conditions to the Exchange Offers were therefore satisfied by the Settlement Date.

The tables below provide the aggregate principal amount of each series of validly tendered Old Notes (including pursuant to the guaranteed delivery procedures) that PGF accepted for exchange and the aggregate principal amount of the applicable series of New Notes (as defined below) issued in connection with PGF's offers to:

(i) exchange any and all Old Notes listed below for PGF's newly issued 5.299% Global Notes due 2025 ("New Notes due 2025"):

(ii) exchange any and all Old Notes listed below for PGF's newly issued 5.999% Global Notes due 2028 ("New Notes due 2028" and together with the New Notes due 2025, the "New Notes"):

PGF issued U.S.$2,759,866,000 aggregate principal amount of New Notes due 2025 and U.S.$4,836,134,000 aggregate principal amount of New Notes due 2028 as the Exchange Consideration (as defined in the Offering Memorandum) for the Old Notes accepted in the Exchange Offers, including those validly tendered through the guaranteed delivery procedures.  In addition to the Exchange Consideration, the total amount of accrued and unpaid interest paid by PGF in respect of all Old Notes accepted for exchange, together with the total amount of cash paid by PGF in lieu of fractional amounts of New Notes, was U.S.$136,270,499.72.  PGF did not receive any cash proceeds from the Exchange Offers.

Considering the principal amount of New Money Notes issued by PGF in the New Money Offering, (i) the aggregate principal amount of New Notes due 2025 issued by PGF was U.S.$3,759,866,000, and (ii) the aggregate principal amount of New Notes due 2028 issued by PGF was U.S.$5,836,134,000.

The New Notes and the New Money Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws. Therefore, the New Notes and the New Money Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws.  PGF has entered into a registration rights agreement with respect to the New Notes and the New Money Notes.

Only holders who had duly completed and returned an Eligibility Letter certifying that they were either (1) "qualified institutional buyers" ("QIBs") as defined in Rule 144A under the Securities Act or (2) non-"U.S. persons" (as defined in Rule 902 under the Securities Act) located outside of the United States were authorized to receive the Offering Memorandum and to participate in the Exchange Offers.

Global Bondholder Services Corporation acted as the Information Agent and the Exchange Agent for the Exchange Offers.  Questions or requests for assistance related to the Exchange Offers may be directed to Global Bondholder Services Corporation at (866) 470-3800 (toll free) or (212) 430-3774 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offers.

Cash Offers

The Cash Offers were made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase dated September 18, 2017 (the "Offer to Purchase" and, together with the accompanying certification instructions letter and notice of guaranteed delivery, the "Cash Offer Documents").  The Cash Offers expired at 5:00 p.m., New York City time, on September 22, 2017 and settled today, September 27, 2017.

All conditions to the Cash Offers, including the Maximum Tender Consideration and the Exchange Offer Completion Condition (each as defined in the Offer to Purchase), were satisfied by the Settlement Date.

The table below provides the aggregate principal amount of each series of validly tendered Old Notes (including pursuant to guaranteed delivery procedures) that PGF accepted for purchase:

CUSIP / ISIN Number		Title of Security		Principal Amount Outstanding		Principal Amount Validly Tendered and Accepted(1)
71645WAN1 /  US71645WAN11		7.875% Global Notes due 2019		U.S.$705,560,000		U.S.$6,030,000
71647NAH2 / US71647NAH26		4.875% Global Notes due 2020		U.S.$542,535,000		U.S.$10,006,000
71645WAP6 / US71645WAP68		5.75% Global Notes due 2020		U.S.$1,165,227,000		U.S.$18,778,000
71645W AR2 / US71645WAR25		5.375% Global Notes due 2021		U.S.$5,250,000,000		U.S.$90,071,000
71647N AP4 / US71647NAP42		8.375% Global Notes due 2021 Werbung Mehr Nachrichten zur Petroleo Brasileiro SA ADR Aktie kostenlos abonnieren E-Mail-Adresse Bitte überprüfe deine die E-Mail-Adresse. Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News 07:55 - PR Newswire Stellar Asset Management Ltd - Form 8.3 - Equals Group Plc 07:48 - PR Newswire Samson Rock Capital LLP - Form 8.3 - Mattioli Woods plc 02:00 - PR Newswire BlackRock Income and Growth Investment Trust Plc - Total Voting Rights Auf zur INVEST am 26.+ 27.04.2024    Foto: Landesmesse Stuttgart GmbH - Jetzt kostenloses Ticket sichern! weiterlesen» Anzeige wo-site-teaser-box-16688_site-teaser-box_2024-04-17_09%253A00%253A00_2024-04-22_09%253A00%253A59