Petrobras, in compliance with CVM Instruction 561/2015, which established the distance voting (Boletim de Voto a Distância) to be used at Ordinary General Meetings and Extraordinary General Meetings, in which there are election of members of the Boards of Directors and Fiscal Council, informs that has provided the instructions to use the referred voting in its Formulário de Referência.
Petrobras, in addition to the material fact disclosed on January 31, 2017, informs that a Regional Federal Court issued a decision today to grant suspensive effect to Petrobras' appeal in the divestment project regarding the sale of Companhia Petroquímica de Pernambuco (“PetroquímicaSuape”) and Companhia Integrada Têxtil de Pernambuco (“Citepe”).
Petrobras informs that its total oil and natural gas production in January was 2.86 million barrels of oil equivalent per day (boed), of which 2.74 million boed were produced in Brazil and 0.12 million boed abroad.
Petrobras constantly conducts sensitivity analyses that seek to evaluate the possible impacts of various factors on its portfolio. Recently, in discussions with the competent public agencies on the local content policy, scenarios of variations in revenue related to delays in the delivery of platforms built in the Country were presented.
Petrobras reports that it is a party to arbitration proceedings in Brazil initiated by investors in Sete Brasil Participações S.A. - under judicial recovery, related to its participation in Projeto Sondas (“Rigs Project”), as well as to a legal proceeding in the Federal Court of the District of Columbia, in Washington D.C.
Petrobras informs that credit rating agency Standard & Poor’s announced that it raised the rating for the Company’s corporate debt to 'BB-' from 'B+' and altered its outlook to stable from negative.
Petrobras, in addition to the material fact disclosed on November 30, 2016, when the Extraordinary General Meeting approved the sale of 90% of Petrobras stake in Nova Transportadora do Sudeste (NTS), informs that today was officially notified by a Regional Federal Court of the decision to suspend the sale of NTS.
Petrobras (“Petrobras”) (NYSE: PBR) announces that holders of US$4,899,100,000 and €631,753,000 principal amount of the outstanding notes of the series set forth in the table below (all such notes, collectively, the “Old Notes” and each a “series” of Old Notes), issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), tendered their Old Notes at or prior to 11:59 p.m., New York City time, on February 8, 2017 (the “Expiration Date”), pursuant to PGF’s previously announced cash tender offers (the “Tender Offers”).
Petrobras clarifies that the information that the Company has taken any initiative with the U.S. Department of Justice (DoJ) to dispute the terms of the agreement between Braskem and the legal authorities, is untrue.
Petrobras, further to the material fact disclosed on December 28, 2016, informs that the sale transaction of the full interests held by its wholly-owned subsidiary Petrobras Biocombustível S.A. (“PBIO”) in Guarani S.A. (“Guarani”) was concluded today.