Page 13 - LatAmOil Week 44 2022

LatAmOil NEWS IN BRIEF LatAmOil

to be defined in the bookbuilding procedure. Notes and the Updated Unit Nominal Value of
INVESTMENT The Commercial Notes of the first series will the IPCA III Commercial Notes, as the case may
have a maturity period of 2,703 days from its be, will be subject to fixed rate corresponding to
Petrobras makes issuance date, which corresponds to November a certain percentage, to be defined in accordance
16, 2022, and, therefore, maturing on April 11, with the bookbuilding procedure, limited to: (a)
public offering of state 2030 (IPCA I Commercial Notes); the Com- for IPCA I Commercial Notes, at the highest
mercial Notes of the second series will have a rate between (I) 0.05% per year, on a 252-busi-
receivables certificates maturity period of 3,648 days from the Issuance ness day basis, exponentially increased by the
Date, and, therefore, maturing on November internal rate of return of the IPCA+ Treasury
Petrobras hereby informs that today was released 11, 2032 (IPCA II Commercial Notes); and the with Semiannual Interest (NTN-B), matur-
notice to the market regarding the public offer- Commercial Notes of the third series will have a ing on 2030, based on the indicative quotation
ing of real state receivables certificates (the CRI), maturity period of 5,475 days from the Issuance published by the Associação Brasileira das Enti-
up to 3 (three) series, comprising the 1st, 2nd Date, and, therefore, maturing on November dades dos Mercados Financeiro e de Capitais
and 3rd series of the 67th issuance of Opea Secu- 12, 2037 (IPCA III Commercial Notes), except (ANBIMA) on its website, to be determined at
ritizadora SA, backed by book-entry commer- in the event of early maturity of the obligations the close of the business day immediately prior
cial notes of the 2nd issuance of the Company, arising from the Commercial Notes or redemp- to the bookbuilding procedure; and (II) 6.20%
without real and personal guarantee, up to three tion advance of the Commercial Notes, under per year, on a 252-business day basis; (b) for
series, for private placement. The Commercial the terms of the issuance agreement of the Com- IPCA II Commercial Notes, at the highest rate
Notes will be subscribed exclusively by the Secu- mercial Notes. between (I) 0.15% per year, on a 252-business
ritizadora, within the scope of the securitisation The Unit Nominal Value or outstanding Unit day basis, exponentially increased by the internal
of real estate receivables related to the Commer- Nominal Value will be monetarily updated by rate of return of the Treasury IPCA+ with Sem-
cial Notes, to compose the backing of the CRI, the accumulated variation of the Índice Nacional iannual Interest (NTN-B), maturing on 2032,
as established in the CRI securitisation term. de Preços ao Consumidor Amplo (IPCA), pub- based on the indicative quotation published
The CRIs are object of a public offering of distri- lished by the Instituto Brasileiro de Geografia by ANBIMA on its website, to be calculated at
bution, pursuant to Instruction of the Brazilian e Estatística (IBGE), as of the start date of the the close of the business day immediately prior
Securities and Exchange Commission (CVM) profitability of the Commercial Notes to be to the bookbuilding procedure; and (II) 6.35%
No. 400, of December 29, 2003, as in force, of defined in the Issuance Agreement (Monetary per year, on a 252-business day basis; and (c) for
CVM Resolution No. December 2021, as in Adjustment), and the product of the Monetary IPCA III Commercial Notes, at the highest rate
force, and other applicable legal and regulatory Adjustment of the Commercial Notes will be between (I) 0.30% per year, on a 252-business
provisions. automatically incorporated into the Unit Nom- day basis, exponentially increased by the internal
The Issuance was approved by the Execu- inal Value or the outstanding Unit Nominal rate of return IPCA+ Treasury with Semiannual
tive Board of Petrobras and will comprise up to Value of the Commercial Notes, subject to the Interest (NTN-B), maturing on 2035, based on
1.8mn Commercial Notes, with a nominal unit terms and conditions to be established in the the indicative quotation published by ANBIMA
value of BRL1,000.00 (Nominal Unit Value), Issuance Agreement. The Monetary Adjustment on its website, to be determined at the close of
in a total amount of up to BRL1.8bn, provided will be calculated according to the formula to be the business day immediately prior to the book-
that the Total Issue Amount and the number of established in the Issuance Agreement. building procedure; and (II) 6.60 per year, on a
Commercial Notes may be reduced, as long as Over the Updated Unit Nominal Value of 252-business day basis, to be calculated accord-
there is a placement of at least BRL1.5bn, which the IPCA I Commercial Notes, the Updated ing to the respective formula to be described in
is equivalent to the initial value of the CRI offer, Unit Nominal Value of the IPCA II Commercial the Issuance Agreement.

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