Company: PBR
Filing Date: 2025-05-28
Form Type: 6-K
Source: 0001292814-25-002246
Chunk: 6

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-28
Form: 6-K
Chunk 6
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 period ended March 31, 2025,
the Company raised US$ 500 million, notably a long term proceeds in the domestic banking market, in the amount of US$ 495 million.

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CONSOLIDATED DEBT

| Debt (US$ million)                                      | 03.31.2025 | 12.31.2024 | Change (%) |
| Capital Markets                                         |     14,557 |     14,490 |        0.5 |
| Banking Market                                          |      7,247 |      6,519 |       11.2 |
| Development banks                                       |        538 |        508 |        5.9 |
| Export Credit Agencies                                  |      1,356 |      1,508 |      -10.1 |
| Others                                                  |        135 |        137 |       -1.5 |
| Finance debt                                            |     23,833 |     23,162 |        2.9 |
| Lease liability                                         |     40,658 |     37,149 |        9.4 |
| Gross Debt                                              |     64,491 |     60,311 |        6.9 |
| Adjusted Cash and Cash Equivalents                      |      8,457 |      8,071 |        4.8 |
| Net Debt                                                |     56,034 |     52,240 |        7.3 |
| Leverage: Net Debt / (Net Debt + Market Capitalization) |        39% |        39% |          - |
| Average interest rate (% p.a.)                          |        6.9 |        6.8 |        1.5 |
| Weighted average maturity of outstanding debt (years)   |      12.19 |      12.52 |       -2.6 |

As of March 31, 2025, the Company has maintained
its liability management strategy to improve the debt profile and to adapt to the maturity terms of the Company’s long-term investments.

Gross Debt increased 6.9% (US$ 4,180 million) to US$ 64,491 million as of March 31, 2025 from US$ 60,311 million as of December 31, 2024, due to: (i) higher lease liabilities in the period (a US$ 3,509 million increase), primarily driven by