0001193125-20-153455.txt : 20200528 0001193125-20-153455.hdr.sgml : 20200528 20200527213202 ACCESSION NUMBER: 0001193125-20-153455 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200528 DATE AS OF CHANGE: 20200527 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Petrobras Global Finance B.V. CENTRAL INDEX KEY: 0001557157 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-229096 FILM NUMBER: 20916782 BUSINESS ADDRESS: STREET 1: WEENAPOINT TOREN A WEENA 722 3RD FLOOR CITY: ROTTERDAM STATE: P7 ZIP: 3014 DA BUSINESS PHONE: 31 0 10 2067000 MAIL ADDRESS: STREET 1: WEENAPOINT TOREN A WEENA 722 3RD FLOOR CITY: ROTTERDAM STATE: P7 ZIP: 3014 DA FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PETROBRAS - PETROLEO BRASILEIRO SA CENTRAL INDEX KEY: 0001119639 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: D5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: AVENIDA REPUBLICA DO CHILE 65 CITY: RIO DE JANERIO RJ BR STATE: D5 ZIP: 20035-900 BUSINESS PHONE: 55-21-534-4477 MAIL ADDRESS: STREET 1: AVENIDA REPUBLICA DO CHILE 65 CITY: RIO DE JANERIO RJ BR STATE: D5 ZIP: 20035-900 FORMER COMPANY: FORMER CONFORMED NAME: BRAZILIAN PETROLEUM CORP DATE OF NAME CHANGE: 20000717 FWP 1 d932394dfwp.htm FWP FWP

Filed pursuant to Rule 433

Registration Statements Nos. 333-229096 and 333-229096-01

Relating to Preliminary Prospectus Supplement dated

May 27, 2020

U.S.$1,750,000,000 6.750% Global Notes Due 2050

Pricing Term Sheet

A preliminary prospectus supplement of Petrobras Global Finance B.V. is available from the SEC’s website at www.sec.gov.

 

Issuer:   

Petrobras Global Finance B.V. (“PGF”)

Guarantor:    Unconditionally and irrevocably guaranteed by Petróleo Brasileiro S.A. – Petrobras
Form:   

Senior Unsecured Notes

Offering:   

SEC-Registered

Currency:   

U.S. Dollars

Principal Amount:   

U.S.$ 1,750,000,000.00

Maturity Date:   

June 3, 2050

Coupon Rate:   

6.750%

Interest Basis:   

Payable semi-annually in arrears

Day Count:   

30/360

Interest Payment Dates:   

June 3 and December 3

First Interest Payment Date:   

December 3, 2020

Gross Proceeds:   

U.S.$ 1,716,925,000.00

Issue Price:   

98.110%

Yield to Investors:   

6.900%

Optional Par Redemption:   

On and after December 3, 2049, call at 100.000%

Make-Whole Optional Redemption:   

Prior to December 3, 2049, call at UST + 50 bps

Tax Redemption:   

Call at 100.000%

Pricing Date:   

May 27, 2020

Settlement Date:   

June 3, 2020 (T+5*)

 

1

Listing:    PGF intends to apply to have the notes approved for listing on the New York Stock Exchange.
Denominations:    U.S.$2,000 and integral multiples of U.S.$1,000 in excess thereof
CUSIP:   

71647NBG3

ISIN:   

US71647NBG34

Joint Bookrunners:   

BNP Paribas Securities Corp.

BofA Securities, Inc.

Itau BBA USA Securities, Inc.

J.P. Morgan Securities LLC

Scotia Capital (USA) Inc.

SMBC Nikko Securities America, Inc.

 

*

Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the pricing date or the next two succeeding business days will be required, by virtue of the fact that the Notes initially will settle in five business days (T+5), to specify alternative settlement arrangements to prevent a failed settlement.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus or any prospectus supplement for this offering if you request it by calling BNP Paribas Securities Corp. collect at +1 (212) 841-3000 or toll-free (U.S. only) at +1 (800) 854-5674, BofA Securities, Inc. collect at or toll-free (U.S. only) at 1-800-294-1322, Itau BBA USA Securities, Inc. collect at +1 (212) 710-6749 or toll-free (U.S. only) at +1 (888) 770-4828, J.P. Morgan Securities LLC collect at +1 (212) 834-4533 or toll-free (U.S. only) at +1 (866) 846-2874, Scotia Capital (USA) Inc. collect at +1 (212) 225-5559 or toll-free (U.S. only) at +1 (800) 372-3930, and SMBC Nikko Securities America, Inc. toll-free (U.S. only) at +1 (888) 868-6856.