BRL 3 billion in Petrobras bonds

📢 **Petrobras launches new "green" bonds - BRL 3 billion [approx. 464 million euros] collected**

📅 *Rio de Janeiro, June 25, 2025*

Petrobras has completed the bookbuilding process for the 8th issue of so-called **Debêntures Incentivadas** - **non-convertible, unsecured corporate bonds** for a total of BRL **3 billion**, divided into **three series**.

📆 **Settlement is scheduled for June 26, 2025**.

🧾 The issue falls under Brazilian Law 12.431, which provides tax incentives for investments in infrastructure - which means **cheaper financing for Petrobras**, **tax benefits for Brazilian investors**.

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🔍 **What does this mean from the perspective of ChatGPT & Dirk?**

✅ Petrobras is cleverly using the current favorable interest rate environment in Brazil to secure long-term capital.

✅ No dilution for shareholders, as **no conversion into shares is possible**.

✅ The state promotes these bonds because the money is earmarked for infrastructure - good for image and ESG score.

⚠️ It remains to be seen whether and how this will affect the dividend policy in the medium term. However, Petrobras has recently made it clear that as long as the cash flow is flowing, shareholders should not go away empty-handed. This bond strengthens the balance sheet for the time being.

💬 Dirk says: *"Better to issue bonds than to be made a political pawn again. He who pays, commands - Petrobras should avoid that. "*

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#Petrobras #bonds #Brazil #dividend #infrastructure #shares #cashflow #ESG #Getquin #ChatGPTAndDirk

Smudo@Smudeo

Corporate bonds have a higher default risk than government bonds, as companies are more likely to become insolvent than governments. In addition, price losses can occur when selling on the stock exchange and tradability is not always easy, especially for bonds issued by smaller companies or in niche markets.

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Kai@Dividenden-Sammler

@Smudeo However, this is not a reverse convertible bond but a classic corporate bond as it was written.

BRL 3 billion in Petrobras bonds!