(Petrobras, 26.Jun.2019) — Petrobras announced that on June 25, 2019, it priced the global offering by Caixa Econômica Federal (the “Selling Shareholder”)of 241,340,371 common shares, without par value,of Petrobras (“Common Shares”), including 69,302,000Common Shares in the form of American Depositary Shares (“Common ADSs”). The global offering consists of (i) and international offering of Common Shares and Common ADSs in the United States and other countries outside Brazil, which was registered with the U.S. Securities and Exchange Commission (the “SEC”), and (ii) a concurrent public offering of Common Shares in Brazil.The Common Shares were offered and sold to the public at a price of R$30.25 per Common Share.The Common ADSs (each representing two Common Shares) were offered and sold to the public at a price of US$15.84 per Common ADS(including an ADS issuance fee of US$0.04 per Common ADS). The aggregate proceeds of the global offering to the Selling Shareholder, after underwriting discounts and commissions (before expenses), will be equivalent to approximately US$1.9billion.
The global offering is scheduled to close on Friday,June 28, 2019,subject to satisfaction of customary conditions.The Common ADSs are listed on The New York Stock Exchange under the symbol PBR.
The Common ADSs offered and sold in the global offering are expected to be delivered on Friday, June28 2019, in time to settle trades completed on The New York Stock Exchange on Tuesday, June 25, 2019.
The Common Shares are listed on the São Paulo Stock Exchange (B3 S.A. –Brasil, Bolsa, Balcão) (“B3”) under the symbol PETR3.The Common Shares offered in the global offering are expected to be delivered on Friday, June 28,2019,in time to settle trades completed on the B3on Tuesday, June 25, 2019.
Caixa Ecônomica Federal, UBS Securities LLC, Morgan Stanley & Co. LLC and BofA Merrill Lynch are acting as global coordinators and joint bookrunners for the international offering. XP Securities, LLC is acting as joint bookrunner for the international offering. Caixa Ecônomica Federal, UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Banco Morgan Stanley S.A., Bank of America Merrill Lynch Banco Múltiplo S.A. and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. are acting as Brazilian underwriters in the Brazilian offering.