Petrobras, following up on the Material Fact released on 06/08/2018, and in addition to the information presented in the financial statements (ITR) for the 2nd quarter of 2018, in explanatory note 17.7.1, confirms the receipt of the payment related to the diesel sale economic subvention, in the total amount of R$ 1.578 billion, regarding the second phase of the program, as follows:
Petrobras (“Petrobras”) (NYSE: PBR) announces that holders of US$3,508,265,000 aggregate principal amount of 5.299% Global Notes due 2025 and US$5,400,614,000 aggregate principal amount of 5.999% Global Notes due 2028 (all such notes, collectively, the “Old Notes” and each a “series” of Old Notes), issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), tendered their Old Notes prior to 5:00 p.m., New York City time, on September 20, 2018 (the “Expiration Date”), pursuant to PGF’s previously announced offers to exchange (the “Exchange Offers”).
Petrobras, following up on the release published on 01/24/2017 and further to the information disclosed in the explanatory note 28.4.2 of the company’s financial statements of the second quarter of 2018 , informs that today the District Court of Rotterdam ("Court") has handed down a procedural ruling in the class action filed by St. Petrobras Compensation Foundation against Petróleo Brasileiro S.A. and other co-defendants in the Netherlands.
Petrobras informs that it was served yesterday of an arbitration filed by Consumidores Financieros Asociación Civil para su Defensa ("Association") against the company and other individuals and legal entities, before the “Tribunal de Arbitraje General de la Bolsa de Comercio de Buenos Aires”.
Petrobras informs that, on 09/10/2018, it prepaid US$ 750 million related to the financial leasing contract of P-52 platform executed in March 2016 with ICBC Leasing (Industrial and Commercial Bank of China Leasing), with original maturity on March 2026.
Petrobras, further to the release disclosed on June 13, 2017, informs that the extinction of the non-statutory position of Deputy Officer for Governance and Compliance will be submitted to the evaluation of the company’s competent bodies.
Petrobras, in addition to the releases disclosed on 10/14/2016 and 06/30/2017, informs that its Executive Board approved on Wednesday, September 5, a complementary hedge mechanism to give additional flexibility to the gasoline pricing policy management.
Petrobras informs that in July its total production of oil and gas, including natural gas liquids (NGL), was 2.60 million barrels of oil equivalent per day (boed), with 2.50 million boed produced in Brazil and 102 thousand boed produced abroad.
Petrobras informs that in August it executed the following operations, totaling US$ 1.45 billion: debt prepayment; term and/or cost renegotiation; and new financing.
Petrobras informs , according to the CVM and B3 rules to Level 2 of corporate governance listed companies, 30 days in advance calling of General Extraordinary Meeting on 10/04/18.