SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 28.May.2025, Words: 225) — Petrobras‘ executive board, in a meeting held on this date, pursuant to item VII of Article 34 of its Bylaws, approved the eighth issuance of simple debentures, not convertible into shares, in up to 3 series, unsecured, in the total amount of R$3bn Brazilian reais.
Funds raised through the debenture issuance will be allocated to cover costs, expenses, or debts related to investments in the priority projects to be described in the debenture issuance deed.