Summary by Moomoo AI
Petrobras Global Finance B.V. (PGF), a subsidiary of Petroleo Brasileiro SA Petrobras, has announced the pricing of its offering of $1 billion in senior unsecured notes with a 6.000% coupon rate, maturing on January 13, 2035. The notes, guaranteed by Petrobras, are set to yield 6.250% to investors and are priced at 98.128% of their principal amount, resulting in gross proceeds of $981,280,000. The offering was registered with the SEC and the notes will be listed on the New York Stock Exchange. The pricing date was September 3, 2024, with a settlement date of September 13, 2024. The notes will be available in denominations of $2,000 and multiples of $1,000 thereafter. The joint bookrunners for this offering include BofA Securities, Banco Bradesco BBI, HSBC Securities (USA), J.P. Morgan Securities, Mizuho Securities USA, and Morgan Stanley & Co. The notes are not intended for retail investors in the EEA or the UK, and the offering is directed only at relevant persons as defined by financial regulations.