Petrobras reports that today it filed its 2018 Form 20-F with the U.S. Securities and Exchange Commission (SEC).
Petrobras reports that it has started the opportunity disclosure stage (Teaser), related to the sale of Liquigás Distribuidora S.A. (Liquigás).
Petrobras reports that yesterday it signed a Revolving Credit Facility - RCF in the amount of US$ 3.25 billion, maturing in March 2024, which may be extended for up to two years.
Petrobras (“Petrobras”) (NYSE: PBR) announced today the early results of its previously announced debt tender offers (the “Waterfall Offers”). As of 5:00 p.m., New York City time, on March 25, 2019 (the “Early Tender Deadline”) holders of US$1,859,033,000 and €368,598,000 principal amount of the outstanding notes of the series set forth in the table below (the “Notes” and each a “series” of Notes), issued by Petrobras’s wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), tendered their Notes, pursuant to PGF’s previously announced Waterfall Offers.
Petrobras informs that yesterday its Executive Board approved a change in the frequency of diesel prices adjustment.
Petrobras informs that implemented a hedge strategy to protect part of its oil production expected for the year of 2019.
Petrobras, following up on the Press Release of 02/01/2019, informs that it obtained a favorable decision, reversing the injunction that suspended the mothballing of the fertilizer plant in Bahia (Fafen-BA).
Petrobras informs that its Board of Directors, at a meeting held today, elected Mrs. Anelise Quintão Lara for the position of Chief Refining and Natural Gas Executive Officer and approved the reappointment of the CEO Roberto Castello Branco and the other Executive Officers of the company for a term of two years, with the exception of the Chief Financial and Investor Relations Officer, who shall remain in his current position until his successor takes office.
Petrobras informs that the Administrative Board of Tax Appeals (CARF) pronounced, on this date, by a casting vote, an unfavorable decision regarding fiscal administrative proceeding that addresses the collection of CIDE (base-year 2009) on remittances abroad for the payment of vessel charters, in the approximate amount of R$ 2.2 billion.
On December 5, 2018, Petrobras disclosed its 2019-2023 Business and Management Plan (2019-2023 BMP) in which it presented, among other aspects, the divestment strategy guided by active portfolio management, with a potential cash inflow of US$ 26.9 billion within the Plan period.