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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July, 2024

 

Commission File Number 001-15106

 

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 Henrique Valadares, 28 
20241-030 - Rio de Janeiro, RJ
Federative Republic of Brazil

(Address of principal executive office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F

 

 

 

 
 

PETROBRAS ANNOUNCES REDEMPTION PRICE FOR 4.750% GLOBAL NOTES DUE 2025

RIO DE JANEIRO, BRAZIL – July 24, 2024 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 4.750% Global Notes due 2025 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be July 29, 2024 (the “Redemption Date”).

Title of Security

CUSIP / ISIN

Common Code

Aggregate Principal Amount to be Redeemed

Make-Whole Premium(1)

Redemption Price(1) (2)

Interest(1) (3)

4.750% Global Notes due 2025 N/A / XS0982711714 098271171 €271,945,000 €5.72 €1,005.72 €25.57

_________________________________________________________

(1) Per €1,000. Figures have been rounded for ease of presentation.
(2) Redemption price includes make-whole premium.

(3) Accrued interest on the principal amount from January 14, 2024 to (but not including) the Redemption Date.

Payment on the Notes will be made prior to 12:00 pm London time on the business day preceding the Redemption Date by credit to the account of The Bank of New York Mellon, London Branch, as principal paying agent for the Notes (the “Principal Paying Agent”).

The Principal Paying Agent, as common depositary for Clearstream and Euroclear, will cause funds to be paid to its participants in the aggregate amount of €273,500,525.40 (or approximately €1,005.72 per €1,000 principal amount of the Notes), which constitutes the redemption price for the Notes. The redemption price includes a make-whole premium of €1,555,525.40 (or approximately €5.72 per €1,000 principal amount of the Notes). In addition to the redemption price, holders will receive accrued and unpaid interest on the principal amount of the Notes from January 14, 2024 to (but not including) the Redemption Date in the amount of €6,952,801.47 (or approximately €25.57 per €1,000 principal amount of the Notes).

On the Redemption Date, the redemption price, including accrued and unpaid interest, will become due and payable. Interest on the Notes will cease to accrue on and after the Redemption Date. Upon the redemption, the Notes will cease to be listed on the Luxembourg Stock Exchange, and the Notes and the related guarantees by Petrobras will be cancelled and any obligation thereunder extinguished.

PGF intends to fund the amounts necessary to redeem the Notes with available cash on hand.

For more information or if you have any questions regarding this notice, please contact Petrobras’s investor relations department at petroinvest@petrobras.com.br.

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.

 
 

 

SIGNATURE

 

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.

 

 

 

 

PETRÓLEO BRASILEIRO S.A--PETROBRAS

 

     
  By: /s/ Guilherme Rajime Takahashi Saraiva
    Name: Guilherme Rajime Takahashi Saraiva
   

Title: Attorney-in-fact

 

 

  By: /s/ Andre Luis Campos Silva
    Name: Andre Luis Campos Silva  
   

Title: Attorney-in-fact

 

 

 

Date: July 24, 2024

 

 

 

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