Petrobras Announces BNDES Equity Secondary Offering
(World News Brazil)

Petrobras Announces BNDES Equity Secondary Offering - Rio de Janeiro, Brazil - January 21, 2020 - Petróleo Brasileiro S.A. - Petrobras announced today that Banco Nacional de Desenvolvimento Econômico e Social - BNDES (the "Selling Shareholder") has commenced an offering of up to 734,202,699 common shares, without par value, of Petrobras (the "Common Shares"), including Common Shares represented by American depositary shares, each of which represents two Common Shares (the "Common ADSs"), in a global offering that consists of: an international offering of Common Shares and Common ADSs in the United States and other countries outside Brazil, registered with the...