Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
October 22 2020 - 9:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities
Exchange Act of 1934
For
the month of October, 2020
Commission
File Number 1-15106
PETRÓLEO
BRASILEIRO S.A. – PETROBRAS
(Exact
name of registrant as specified in its charter)
Brazilian
Petroleum Corporation – PETROBRAS
(Translation
of Registrant's name into English)
Avenida
República do Chile, 65
20031-912 – Rio de Janeiro, RJ
Federative Republic of Brazil
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F ___X___ Form 40-F _______
Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Petrobras concludes the US$ 1 billion offering of
Global Notes
—
Rio de Janeiro, October 22, 2020 –
Petróleo Brasileiro S.A. - Petrobras announces that yesterday it concluded the offering of its 5.60% Global Notes due January
2031 in the international capital market in the amount of US$ 1 billion (CUSIP No. 71647NBH1/ ISIN No. US71647NBH17), by means
of its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF). Pricing of the notes occurred on October 13, 2020, as disclosed
to the market, representing the lowest issuance yield for a 10-year bond issued by Petrobras.
The terms are as follows:
• Amount:
US$ 1.0 billion
• Coupon:
5.60% p.y.
• Reopening
price: 109.579%
• Yield
to worst: 4.40% p.y.
• Maturity:
01/03/2031
• Interest
payment dates: January 3 and July 3 of each year
• Ratings:
BB- (Fitch) / Ba2 (Moody’s) / BB- (S&P)
The amounts raised shall be consolidated
with the US$ 1.5 billion originally issued on June 03, 2020, under one single US$ 2.5 billion series of bonds.
PGF intends to use the net proceeds
from the sale of the Notes to repurchase its 4.375% Global Notes due 2023, 4.250% Global Notes due 2023, 6.250% Global Notes due
2024, 4.750% Global Notes due 2025, 5.299% Global Notes due 2025, 8.750% Global Notes due 2026, 7.375% Global Notes due 2027, 5.999%
Global Notes due 2028, 5.750% Global Notes due 2029 and 5.093% Global Notes due 2030, in each case that PGF accepts for purchase
in the tender offers announced concurrently with the offering of the Notes, and to use any remaining net proceeds for general corporate
purposes.
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO
S.A. – PETROBRAS | Investor Relations
e-mail: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. República do Chile,
65 – 1803 – 20031-912 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947
| 0800-282-1540
This document may contain forecasts
within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities
Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates",
"believes", "expects", "predicts", "intends", "plans", "projects",
"aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties,
predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and
the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: October 22, 2020
PETRÓLEO BRASILEIRO S.A–PETROBRAS
By: /s/ Andrea Marques de Almeida
______________________________
Andrea
Marques de Almeida
Chief Financial Officer and Investor Relations
Officer
Petroleo Brasileiro ADR (NYSE:PBR)
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