Petrobras concludes bond repurchase offer

State-owned Petrobras said it has completed its offer to buy back global securities by its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) last Friday (23). The total amount paid was $1.94 billion.

According to the company, the volume offered for the 5.093% Global Notes, due in January 2030, was not accepted according to the terms of the offer, since the total amount offered by investors exceeded the previously established limit of 2 billion dollars.

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