tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Petrobras to Redeem $344 Million in Global Notes by Year-End

Story Highlights
Petrobras to Redeem $344 Million in Global Notes by Year-End

Claim 70% Off TipRanks This Holiday Season

The latest announcement is out from Petroleo Brasileiro SA- Petrobras ( (PBR) ).

On November 28, 2025, Petrobras announced that its subsidiary, Petrobras Global Finance B.V., will redeem its 8.750% Global Notes due 2026, with a principal amount of $344,167,000. The redemption is scheduled for December 29, 2025, and will be funded with available cash. The move is part of Petrobras’s financial strategy to manage its debt obligations, potentially impacting its financial stability and investor relations. Upon redemption, the notes and related guarantees will be canceled, ceasing any further interest accrual.

The most recent analyst rating on (PBR) stock is a Buy with a $14.50 price target. To see the full list of analyst forecasts on Petroleo Brasileiro SA- Petrobras stock, see the PBR Stock Forecast page.

Spark’s Take on PBR Stock

According to Spark, TipRanks’ AI Analyst, PBR is a Outperform.

Petrobras’ strong financial performance, attractive valuation, and positive technical indicators contribute to a solid stock score. The company’s strategic execution and production achievements further bolster its position, despite challenges from declining oil prices.

To see Spark’s full report on PBR stock, click here.

More about Petroleo Brasileiro SA- Petrobras

Petróleo Brasileiro S.A. – Petrobras is a Brazilian petroleum corporation primarily engaged in the oil and gas industry. It focuses on the exploration, production, refining, and transportation of oil and natural gas, serving both domestic and international markets.

Average Trading Volume: 22,661,391

Technical Sentiment Signal: Strong Buy

Current Market Cap: $79.12B

For detailed information about PBR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1