Company: PBR
Filing Date: 2025-05-15
Form Type: 6-K
Source: 0001292814-25-002093
Chunk: 8

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-15
Form: 6-K
Chunk 8
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 extension of the FPSO Cidade de Angra dos Reis contract through 2030,
which led to an increase of US$ 3.0 billion (Petrobras’ share) in the Company’s debt.

The average debt maturity shifted from
12.52 years on December 31, 2024, to 12.19 years on March 31, 2025, while the average cost increased from 6.8% per year to 6.9% per year
during the same period.

The gross debt/Adjusted EBITDA ratio was
1.45x on March 31, 2025, compared to 1.29x on December 31, 2024.

As of March 31, 2025, net debt reached
US$ 56.0 billion, an increase of 7.3% compared to December 31, 2024.

Table 6 – Debt indicators

| US$ million                                           | 03.31.2025 | 12.31.2024 |   Δ % | 03.31.2024 |
| Financial Debt                                        |     23,833 |     23,162 |   2.9 |     27,738 |
| Capital Markets                                       |     14,557 |     14,490 |   0.5 |     16,719 |
| Banking Market                                        |      7,247 |      6,519 |  11.2 |      8,502 |
| Development banks                                     |        538 |        508 |   5.9 |        664 |
| Export Credit Agencies                                |      1,356 |      1,508 | -10.1 |      1,705 |
| Others                                                |        135 |        137 |  -1.5 |        148 |
| Finance leases                                        |     40,658 |     37,149 |   9.4 |     34,100 |
| Gross debt                                            |     64,491 |     60,311 |   6.9 |     61,838 |
| Adjusted cash and cash equivalents                    |      8,457 |      8,071 |   4.8 |     18,192 |
| Net debt                                              |     56,034 |     52,240 |   7.3 |     43,646 |
| Net Debt