Summary by Moomoo AI
Petroleo Brasileiro SA Petrobras (Petrobras) has announced the removal of its guarantor of 5.299% Global Notes due 2025 from listing and registration on the New York Stock Exchange (NYSE). The delisting is set to take effect at the opening of business on January 7, 2025.The decision comes as the entire class of this security was called for redemption, maturity, or retirement on December 27, 2024. Petrobras has confirmed that appropriate notice was given, and sufficient funds for the payment of all securities were deposited with an authorized agency. These funds were made available to security holders on December 27, 2024.As a result of these conditions, trading of the security was suspended on the NYSE on December 27, 2024. The delisting process is being carried out in compliance with Rule 12d2-2(a) of the Securities Exchange Act of 1934.