Petrobras informs that today it submitted to the National Energy Policy Council (CNPE) an expression of interest to exercise the pre-emption right for the 5th Bid Round of Exploration Block under the production sharing regime, pursuant to Brazilian Law 12.351/2010 and Federal Decree 9.041/2017.
Petrobras (“Petrobras”) (NYSE: PBR) announced today the early results of its previously announced debt tender offers. As of 5:00 p.m., New York City time, on June 4, 2018 (the “Early Tender Deadline”) holders of: (i) US$4,460,311,000 and €346,132,000 principal amount of the outstanding notes of the series set forth in the table below under the heading “Tender Group 1” (the “Tender Group 1 Notes”) and (ii) US$7,970,526,000 principal amount of the outstanding notes of the series set forth in the table below under the heading “Tender Group 2” (the “Tender Group 2 Notes” and, together with the Tender Group 1 Notes, the “Notes” and each a “series” of Notes), issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), tendered their Notes, pursuant to PGF’s previously announced cash tender offers (the “Tender Offers”).
Petrobras informs that its Board of Directors, at an extraordinary meeting held today, appointed the engineer Ivan de Souza Monteiro as a member of Petrobras’ Board of Directors until the following Shareholders' Meeting. The Board also elected Mr. Ivan Monteiro to the position as CEO of the company, with a term of office until March 26, 2019, the same term of the other members of the Executive Board.
Petrobras informs that on 06/01/2018 it signed with Banco Bradesco a revolving credit facility in the amount of R$ 2 billion, with maturity in June 2023.
Petrobras clarifies that, on 06/01/2018, the Company's Board of Directors held an extraordinary meeting, in which the Chairman of the Board, based on a statutory provision (§3 of article 27), appointed and named the engineer Ivan de Souza Monteiro for the position of Interim CEO of the company until the appointment of the new succeeding CEO, and such decision was promptly disclosed to the market, after the conclusion of said meeting, according to Material Fact published on this date.
Petrobras informs that its controlling shareholder has informed the company of the appointment of the engineer Ivan de Souza Monteiro, current interim CEO, to join Petrobras' Board of Directors and hold the position as CEO of the company.
Petrobras informs that the Board of Directors appointed the engineer Ivan de Souza Monteiro as interim CEO of the Company until the election of the new CEO today.
Petrobras informs that this morning Mr. Pedro Parente resigned from his position as CEO of the company. The nomination for an interim CEO will be analyzed by the Board of Directors in due time. The composition of the Executive Board remains the same.
Petrobras informs, in addition to the material fact disclosed on May 28, 2018, that its executive board, at an extraordinary meeting held yesterday, approved the company’s accession to the first phase of the economic subvention program for the commercialization of diesel, established by Provisional Measure No. 838 and regulated by Decree No. 9.392, both dated May 30, 2018, and extended to all producers and importers.
Petrobras reports that it filed today the Reference Form for the financial year 2017 with the Securities and Exchange Commission of Brazil (Comissão de Valores Mobiliários, "CVM"), in compliance with CVM Instruction no. 480/09.