Petrobras Updates On Bank Debt Pre-payments

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(Petrobras, 27.Feb.2019) — Petrobras informs that, in February, it pre-paid bank debts totaling R$ 5,9 billion and US$ 1 billion, according to the table below:

Table: pre-payment operations (in million)

The transactions are in line with the company’s liability management strategy, which aims to improve the amortization profile and cost of debt considering the deleveraging goals under its 2019-2023 Business and Management Plan.

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