Joint Bookrunners. The Company hereby confirms and acknowledges its appointment, to the exclusion of all others, of Huatai, Zhongtai International Securities Limited, Eddid Securities and Futures Limited, and BOCOM International Securities Limited to act as the joint bookrunners of the Global Offering, and each of Huatai, Zhongtai International Securities Limited, Eddid Securities and Futures Limited, and BOCOM International Securities Limited, relying on the Warranties and subject as hereinafter mentioned, hereby confirms its acceptance of such appointment.
Joint Bookrunners. The Paying and Conversion Agent (and such other agents as may be appointed in respect of the Convertible Bonds) and the Joint Bookrunners might have conflicts of interests which could have an adverse effect to the interests of the Bondholders (e.g. they could (i) underwrite a deal for a similar issuer that reduces the price of the Convertible Bonds due to oversupply (though unlikely in the current environment), (ii) in the normal course of secondary trading business, decide to sell a portion of Convertible Bonds that they own in their portfolio and the price of the Convertible Bonds could fall as a result, (iii) underwrite a debt offering that increases the leverage of the Issuer, increasing perceived credit risk and therefore negatively impacting the market price of the Convertible Bonds). Potential investors should be aware that the Issuer is or may be involved in a general business relation or/and in specific transactions with the Paying and Conversion Agent and/or any of the Joint Bookrunners and that they might have conflicts of interests which could have an adverse effect to the interests of the Bondholders. Potential investors should also be aware that the Paying and Conversion Agent and each of the Joint Bookrunners may hold from time to time debt securities (including the Convertible Bonds), shares or/and other financial instruments of the Issuer. Legal investment considerations may restrict certain investments. The investment activities of certain investors are subject to legal investment laws and regulations, or review or regulation by certain authorities. Each potential investor should consult its legal advisers to determine whether and to what extent (i) Convertible Bonds are legal investments for it, (ii) Convertible Bonds can be used as collateral for various types of borrowing, and (iii) other restrictions apply to its purchase or pledge of any Convertible Bonds. The investors should consult their legal advisers to determine the appropriate treatment of Convertible Bonds under any applicable risk-based capital or similar rules. Applicable securities laws may limit the ability for certain investors to participate in the Offering or to own, purchase or sell the Convertible Bonds and/or the Ordinary Shares. Any downgrading in the credit rating of the Issuer may affect the trading price of the Convertible Bonds The Issuer is currently rated by Standard & Poor'1s ("Standard & Poor's") BBB/stable outlook for the long-term debt and A-2 for the sho...
Joint Bookrunners. As defined in the preamble hereto.
Joint Bookrunners. 2. 5.0% work fee split equally between CIBC World Markets Inc. and TD Securities Inc.
Joint Bookrunners. 2. 5.0% work fee split equally between Scotiabank and TD Securities Inc.
Joint Bookrunners. The Company hereby confirms and acknowledges its appointment, to the exclusion of all others, of CICC, CITI (in relation to the Hong Kong Public Offering), Citigroup Global Markets Limited (in relation to the International Offering), China Everbright Securities (HK) Limited, BOCI Asia Limited, ABCI Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, ICBC International Securities Limited, CMB International Capital Limited, Citrus Securities Limited and Valuable Capital Limited to act as the joint bookrunners of the Global Offering, and each of CICC, CITI (in relation to the Hong Kong Public Offering), Citigroup Global Markets Limited (in relation to the International Offering), China Everbright Securities (HK) Limited, BOCI Asia Limited, ABCI Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, ICBC International Securities Limited, CMB International Capital Limited, Citrus Securities Limited and Valuable Capital Limited, relying on the Warranties and subject as hereinafter mentioned, hereby confirms its acceptance of such appointment. For the avoidance of doubt, the appointment of the Joint Bookrunners hereunder is in addition to their engagement under the terms and conditions of their respective engagement letters in respect of the Global Offering entered into among them and the Company, which shall continue to be in full force and effect.
Joint Bookrunners. The Bank of Nova Scotia Xxxxxxx Xxxxx Xxxxxx Xxxxxx and Xxxxx Incorporated BNP Paribas Securities Corp. Xxxxxx Xxxxxxx Senior Funding, Inc. The Bank of Tokyo-Mitsubishi UFJ, LTD.
Joint Bookrunners. 15.2 If one or more of the Underwriters fails to purchase its or their applicable percentages of the amount of Purchased Securities at the Time of Closing, the other Underwriter or Underwriters shall have the right, but shall not be obligated, to purchase on a pro-rata basis all, but not less than all, of the Purchased Securities which would otherwise have been purchased by the Underwriter or Underwriters which fail to purchase. In the event that such right is not exercised, the Underwriter or Underwriters which are able and willing to purchase shall be relieved of all obligations to the Corporation on submission to the Corporation of reasonable evidence of its or their ability and willingness to fulfill its or their obligations hereunder at the Time of Closing. Nothing in this Section 15.2 shall oblige the Corporation to sell to any or all of the Underwriters less than all of the aggregate amount of Purchased Securities or shall relieve any of the Underwriters in default hereunder from liability to the Corporation. After the Underwriters have made reasonable efforts to sell all the Common Shares at the offering price, the Underwriters may sell the Common Shares to the public at prices below the offering price.
Joint Bookrunners. Barclays and MLPFS, together with any Additional Commitment Party appointed as a joint lead arranger and/or joint bookrunner for the Term Facility in accordance with the Commitment Letter, will act as the joint lead arrangers and joint bookrunners for the Term Facility (in such capacities, the “Arrangers”) and will perform the duties customarily associated with such roles. Lenders: A syndicate of banks, financial institutions and other entities, including the Initial Lenders, arranged by the Arrangers in consultation with the Borrower, but excluding Disqualified Lenders (the “Lenders”).
Joint Bookrunners. Banco Santander, S.A. BB Securities Limited Citigroup Global Markets Limited Deutsche Bank AG, London Branch HSBC Bank plc J.X. Xxxxxx Securities plc Co-Managers: Mitsubishi UFJ Securities International plc Standard Chartered Bank The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EXXXX on the SEC Web site at wxx.xxx.xxx. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus or any prospectus supplement for this offering if you request it by calling Banco Santander, S.A. collect at 40-00-0000-0000, BB Securities Ltd. collect at 44-20-7367-5800, Citigroup Global Markets Limited at 1-800-831-9146, Deutsche Bank AG, London Branch toll-free at 1-800-503-4611, HSBC Bank plc collect at +00 (0) 00 0000 0000 and J.X. Xxxxxx Securities plc at 1-000-000-0000. Schedule D Form of Final Term Sheet Filed pursuant to Rule 433 Registration Statements Nos. 333-183618 and 300-000000-00 Relating to Preliminary Prospectus Supplement dated September 24, 2012 Pricing Term Sheet A preliminary prospectus supplement of Petrobras Global Finance B.V. accompanies this free writing prospectus and is available from the SEC’s website at wxx.xxx.xxx. Issuer: Petrobras Global Finance B.V. Guarantor: Unconditionally and irrevocably guaranteed by Petróleo Brasileiro S.A. - Petrobras Form: Senior Unsecured Notes Offering: SEC-Registered Currency: Euros (“€”) Principal Amount: €700,000,000 Maturity: October 2, 2023 Coupon Rate: 4.25% Interest Basis: Payable annually on October 2 Day Count: Actual/Actual First Interest Payment Date: October 2, 2013 Gross Proceeds: €687,078,000.00 Issue Price: 98.154% Government Benchmark: 11-yr Mid-Swaps Benchmark Yield: 1.891 % Spread to Benchmark: + 257.5 bps Yield to Investors: 4.466% Make-Whole Call Spread: +45 bps Pricing Date: September 24, 2012 Settlement Date: October 1, 2012 (T+5) Listing: Application has been made to admit the Notes to listing on the official list of the Luxembourg Stock Exchange and trading on the Euro MTF market Denominations: €100,000 and integral multiples of €1,000 in excess thereof Common Code: 083589035 ISIN: XS0835890350 Jo...
