share_log

Petroleo Brasileiro SA Petrobras | 6-K: PETROBRAS ANNOUNCES REDEMPTION PRICE FOR 6.250% GLOBAL NOTES DUE 2026

SEC ·  Dec 18 19:53

Summary by Futu AI

Petrobras has announced the redemption price for its 6.250% Global Notes due 2026. The redemption date is set for December 23, 2024. The aggregate principal amount to be redeemed is £466,679,000, with a redemption price of £1,023.85 per £1,000 principal amount, including a make-whole premium of £23.85.The total redemption amount, including accrued interest, will be £477,807,704.56. Holders will receive an additional £1.54 per £1,000 in accrued interest. Upon redemption, the Notes will be delisted from the Luxembourg Stock Exchange and all related obligations will be extinguished.Petrobras Global Finance B.V. plans to fund the redemption using available cash on hand. Interest on the Notes will cease to accrue from the redemption date. This move is part of Petrobras's debt management strategy, potentially aimed at optimizing its financial structure.
Petrobras has announced the redemption price for its 6.250% Global Notes due 2026. The redemption date is set for December 23, 2024. The aggregate principal amount to be redeemed is £466,679,000, with a redemption price of £1,023.85 per £1,000 principal amount, including a make-whole premium of £23.85.The total redemption amount, including accrued interest, will be £477,807,704.56. Holders will receive an additional £1.54 per £1,000 in accrued interest. Upon redemption, the Notes will be delisted from the Luxembourg Stock Exchange and all related obligations will be extinguished.Petrobras Global Finance B.V. plans to fund the redemption using available cash on hand. Interest on the Notes will cease to accrue from the redemption date. This move is part of Petrobras's debt management strategy, potentially aimed at optimizing its financial structure.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.