Petrobras and Eletrobras conclude a debt negotiation agreement By Reuters



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© Reuters. Petrobras (SA 🙂 has entered into a new debt negotiation agreement with Eletrobras (SA 🙂 and its subsidiary in the state of Amazonas to recompose collateral and the settlement of debt arrears, the company announced. oil Monday night in an important fact.

The new agreement also lays down rules for the supply of gas for energy production in the Amazon, the state-owned company added.

According to Petrobras, an addendum to the debt confederation instrument signed in 2014 was approved for the reinstatement of guarantees by Eletrobras, initially planned, up to R $ 3,826 billion.

An addendum to the debt recognition, amounting to 571.8 million rubles, for the gas supply that took place after the April 30 negotiation with Amazonas Energia. [nL1N1S723W]

The agreement also provides for the badumption of a debt of 3.069 billion reais by Eletrobras, if electricity were to succeed in the auction of privatization of 39. Amazonas Energia, scheduled for next week. [nL2N1XY066]

"Petrobras understands that the ongoing negotiation strengthens its guarantees, improves its collection process and ensures the continued search for its rights," the company said in a relevant fact. Petrobras has protected its right to claim payment of costs related to ship or payment obligations, as agreed in the additions to the previous contracts, "concluded the oil company.] [Par Raquel Stenzel et José Roberto Gomes]

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