Petrobras Subsidiary Redeems $680.75M in Notes

Key Highlights

• Petrobras's subsidiary, PGF, is redeeming notes in the aggregate amount of US$680,754,037.51.
• The redemption price includes a make-whole premium of US$10,745,037.51.
• Holders will receive US$21,824,147.32 in accrued and unpaid interest.
• The redemption price per US$1,000 principal amount of the Notes is US$1,016.037154.
• Accrued interest per US$1,000 principal amount is US$32.572917.
• PGF intends to fund the redemption using available cash on hand.