Financials and Investment News in Brazil

Petrobras on Rating Maintenance by Fitch
2/16/2021 - Petrobras announces that the rating agency Fitch affirmed the ”BB-“ issuer default ratings for Petrobras, with a negative outlook, reflecting the agency’s opinion on the sovereign’s ratings. Petrobras...
BW Offshore Recorded Impairment
2/10/2021 - BW Offshore has decided to record an impairment to the book value of the FPSOs Berge Helene, BW Cidade de Sao Vicente and Espoir Ivoirien amounting to USD 59.6 million in the fourth quarter of 2020. T...
Maha Energy Announces Continuation & Expansion of Mandate
2/8/2021 - Maha Energy AB, as a continuation and expansion of the mandate announced the 26th of October 2020, is exploring options for refinancing its existing SEK 300m senior secured bond maturing 29 May 2021. ...
Petrobras Announces Alignment to International Prices Has Not Changed
2/7/2021 - Petrobras comes to clarify news published on the afternoon of Friday, February 5, 2021, based on distorted statements disclosed by the press. ...
Maha Energy Announce Preliminary Agreement on Future Financing
2/4/2021 - Maha Energy AB has signed a term sheet with a banking institution with experience in the Brazilian E&P sector for future financing to support the growth of the Company (the “Financing”). The completi...
Maha Energy Announce Change in Number of Shares
1/29/2021 - The number of shares and votes in Maha Energy AB (publ) has increased following the issue of 317,201 new shares during January through the exercise of 180,238 warrants of series 2017/2020 issued under...
Petrobras on Vitol Leniency Agreement
12/29/2020 - Petrobras has received the amount of R$ 232.6 million, as a result of a leniency agreement entered into between the Federal Prosecutor's Office (MPF) and Vitol Inc. and Vitol do Brasil Ltda. (Vitol), ...
Petrobras Rationalizes International Presence
12/23/2020 - Petrobras will rationalize its international presence in 2021, considering the three main oil markets in the world - Europe, North America and Asia. In this way, it will concentrate its commercial ope...
Petrobras Prepay Partial Debt to Petros
12/17/2020 - Petrobras has done the partial prepayment of the Pre-70 Term of Financial Commitment (TFC Pre-70), celebrated with the Fundação Petrobras de Seguridade Social (Petros), in the amount of R$ 94 million ...
Statement from Vitol
12/3/2020 - Vitol has reached agreement with US and Brazilian authorities in respect of certain conduct in Brazil and other jurisdictions. As part of this agreement Vitol will pay a settlement amount of $163.8 mi...
Petrobras Approves Strategic Plan 2021-2025
11/25/2020 - Petrobras informs that its Board of Directors approved, in a meeting held today, the Strategic Plan for the five-year period 2021-2025 (SP 2021-25). The plan maintains the 5 pillars that support the i...
Petrobras on Agreement with Sete Brasil
9/28/2020 - Petrobras, following up on the release disclosed on June 24, 2020, informs that its Executive Board approved a second alteration to the deadline for certain precedent conditions set forth in the agre...
Petrobras on Revolving Credit Lines
9/28/2020 - Petrobras, following up on the releases disclosed on 08/25/2020, 07/27/2020 and 03/20/2020, informs it has made the total prepayment of the remaining balance of its revolving credit lines denominated...
Petrobras Announces Final Results of Its Cash Tender Offers
9/21/2020 - Petrobras announced the final results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), of any and all of its outstanding no...
Petrobras Collaborates with New Phase of Lava Jato Operation
9/11/2020 - Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the Federal Police are investigating possible wrongdoing in connec...
Petrobras on Revolving Credit Lines
8/25/2020 - Petrobras, following up on the releases dated 07/27/2020 and 03/20/2020, informs that it made the partial pre-payment of its revolving credit lines, in the amount of US$ 2.1 billion. ...
Petrobras Ends Its Second Quarter with Positive Ebitda & Free Cash Flow
7/30/2020 - Despite the economic effect caused by the pandemic, particularly the in oil prices, the company ends the quarter with positive financial indicators ...
Petrobras Approves Dividends Payment
7/22/2020 - Petrobras informs that, in a meeting held, the Annual General Meeting approved dividends to shareholders in the amount of R$ 1.7 billion for common shares (R$ 0.233649 per share) and R$ 2.5 million fo...
DOF ASA & DOF Subsea AS Enters Standstill Agreements with Lenders
6/30/2020 - DOF ASA and DOF Subsea AS are pleased to announce that each of the companies have entered into suspension agreements ("stand-still agreements") with, or received similar concessions from, secured lend...
Registration for the R $ 10M Bid by Petrobras & Sebrae Has Been Extended
6/26/2020 - Petrobras and Sebrae have extended the registration deadline for the Petrobras Conexoes para Inovacao program notice. The new deadline for representatives of startups and small technology-based compan...

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