Petrobras Comments On Revolving Credit Lines

(Petrobras, 28.Sep.2020) — Petrobras, following up on the releases disclosed on 25 August 2020, 27 July and 20 March, informs it has made the total prepayment of the remaining balance of its revolving credit lines denominated in US dollars, in the amount of $2bn.

With this prepayment, the company currently has $7.6bn available for new withdrawals on the revolving credit lines denominated in US dollars and R$4bn in Reais.

The operation will allow greater efficiency in cash management, in line with the company’s capital optimization strategy.

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