Petrobras - Petroleo Brasileiro SA 6-K, filed Jun 4, 2020
Petrobras - Petroleo Brasileiro SA (PBR)
About this 6-K
Petrobras - Petroleo Brasileiro SA filed this 6-K on June 4, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of June, 2020
Commission File Number 1-15106
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
(Exact name of registrant as specified in its charter)
Brazilian Petroleum Corporation – PETROBRAS
(Translation of Registrant's name into English)
Avenida República do Chile, 65 20031-912 – Rio de Janeiro, RJFederative Republic of Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Conclusion of the US $ 3.25 billion offering in Global Notes
—
Rio de Janeiro, June 03, 2020 – Petróleo Brasileiro S.A. - Petrobras announces that today it concluded the offering of two series of Global Notes in the international capital market in the amount of US$ 3.25 billion, with US$ 1.5 billion from the issuance of the 2031 new notes and US$1.75 billion from the issuance of the 2050 new notes, by means of its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF). Pricing of the notes occurred on March 27, 2020, as disclosed to the market.
The terms are as follows:
| 2031 Global Notes | 2050 Global Notes | |
|---|---|---|
| Amount | US$ 1.5 billion | US$ 1.75 billion |
| Coupon | 5.6% p.y. | 6.75% p.y. |
| Issue price | 99.993% | 98.110% |
| Yield to investors | 5.6% p.y. | 6.9% p.y. |
| Maturity | 01/03/2031 | 06/03/2050 |
| Interest payment dates | January 3 and July 3 of each year, starting January 3, 2021 | June 3 and December 3 of each year, starting December 3, 2020 |
| Ratings | BB- (Fitch) / Ba2 (Moody’s) / BB- (S&P) |
Petrobras intends to use the net proceeds from the sale of the notes for general corporate purpose.
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investors Relations
e-mail: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. República do Chile, 65 – 1803 – 20031-912 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540
This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: June 3, 2020
PETRÓLEO BRASILEIRO S.A—PETROBRASBy: /s/ Andrea Marques de Almeida
______________________________
Andrea Marques de Almeida
Chief Financial Officer and Investor Relations Officer