Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003833
Chunk: 13

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 13
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, totaling US$ 2.2 billion, which strengthened our cash position for the period.
The weighted average maturity of outstanding debt shifted from 11.92 years on June 30, 2025, to 11.36 years on September 30, 2025, while
the average interest rate changed from 6.8% per year to 6.7% per year during the same period. The gross debt/LTM Adjusted EBITDA ratio
was 1.83x on September 30, 2025, compared to 1.78x on June 30, 2025. The net debt reached US$ 59.1 billion on September 30, 2025, an increase
of 0.8% compared to June 30, 2025. Table 6 – Debt indicators US$ million 09.30.2025 06.30.2025 Δ % 09.30.2024 Financial Debt
28,122 25,791 9.0 25,756 Capital Markets 17,395 15,461 12.5 16,005 Banking Market 8,836 8,299 6.5 7,490 Development banks 560 556 0.7
587 Export Credit Agencies 1,201 1,347 (10.8) 1,517 Others 130 128 1.6 157 Finance leases 42,589 42,273 0.7 33,376 Gross debt 70,711 68,064
3.9 59,132 Adjusted cash and cash equivalents 11,658 9,501 22.7 14,881 Net debt 59,053 58,563 0.8 44,251 Net Debt/(Net Debt + Market Cap)
- Leverage 43% 43% − 33% Average interest rate (% p.a.) 6.7 6.8 (1.5) 6.6 Weighted average maturity of outstanding debt (years)
11.36 11.92 (4.7) 11.57 Net debt/LTM Adjusted EBITDA ratio 1.53 1.53 − 0.95 Gross debt/LTM Adjusted EBITDA ratio 1.83 1.78 3.2 1.27
Performance Report 3Q25 I 17 RESULTS BY SEGMENT Results by business segment Exploration