Petrobras completes reopening of debt securities

In a statement, Petrobras said that concluded the reopening of debt securities of $ $4 billion in the international capital market. According to the State-owned, the operation was conducted in one day, having the demand exceeded $ $20 billion, resulting from more than 900 orders originated by about 400 investors.

Petrobras intends to use the net resources from the sale of securities to the voluntary early settlement of some titles due in 2018, for the refinancing of other debts. If there are remaining, these resources should be redeployed to general corporate purposes.

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