Petrobras, further to the Material Fact disclosed on 11/07/2017 and press release disclosed on 11/17/ 2017, hereby announces the start of the binding phase regarding the sale of 100% equity interest in Petrobras Oil & Gas B.V. (“POGBV”).
Petrobras reports that it has signed yesterday, with a syndicate of 17 banks, a revolving credit facility (RCF) in the amount of US$ 4.35 billion, with maturity in March 2023. Through the instrument, the company may make withdrawals from the line until the month prior to maturity.
Petrobras, further to the Material Fact released on 02/06/2018, announces the beginning of the non-binding phase related to the sale of the companies that integrate the Pasadena refining system, in the United States, through its affiliate Petrobras America Inc ( PAI).
Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified by BlackRock, Inc. ("BlackRock") that the latter has acquired preferred shares issued by the company and as of February 28, 2018 it manages share interests of approximately 5.10% of preferred shares issued by Petrobras, thus qualifying as a relevant holder of shares in the company’s capital stock, as per the information below.
Petrobras reports that it received today, Official Letter no. 312/2018-SAE, which requests the following clarifications:
Petrobras, further to the Material Fact published on 09/22/2017, announces the beginning of the non-binding phase related to the full sale of its exploration, development and production rights in five sets of onshore fields (Fazenda Belém, Macau , Sergipe Terra 1, Sergipe Terra 2 and Sergipe Terra 3), located in Ceará, Rio Grande do Norte and Sergipe states.
Petrobras announces that the U.S. District Court for the Southern District of New York (“SDNY”) granted preliminary approval yesterday to its agreement to settle the securities class action lawsuit filed in the United States.
Petrobras, in compliance with CVM Instruction no. 358/2002 and further to the press release disclosed on 9/21/2017, reports that its Board of Directors approved in a meeting held yesterday the key terms for a possible settlement, in the context of the extrajudicial mediation procedure in progress with Sete Brasil Participações S.A. – Under Judicial Recovery (“Sete Brasil”).
Petrobras, further to the Press Releases disclosed on 6/30/2017, 8/28/2017 and 11/22/2017, reports that the Court of the Administrative Council of Economic Defense (CADE) evaluated the Act of Concentration no. 08700.002155/2017-51, related to the sale of Liquigás Distribuidora S.A., a wholly-owned subsidiary of Petrobras, to Companhia Ultragaz S.A., and has decided, by the majority of its members, for its disapproval.
Petrobras informs that it will release its 2017 annual results on March 15, 2018, before the market opens.