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3R Petroleum (RRRP3) begins public offering of secondary distribution of 347.604 simple debentures, not convertible into shares. Subsidiary in Luxembourg also participates.
The distribution of 347.604 simple debentures was announced by 3R Petroleum. The acquisition value per debenture is R$1.072,48, totaling R$372,7 million. The offer will be coordinated by banks BTG Pactual, XP Investimentos and Itaú BBA. Furthermore, the company reported that its subsidiary in Luxembourg is starting work on a issuance of up to US$500 million in debt.
3R Petroleum (RRRP3) announced the start of the public offering for secondary distribution of 347.604 simple debentures, not convertible into shares, this Friday (26). The acquisition price per debenture, according to the statement to the market, is R$1.072,48, totaling R$372,7 million. The banks BTG Pactual, XP Investimentos and Itaú BBA were chosen to coordinate the offer. The company also reported that its subsidiary in Luxembourg is working on issuing up to US$500 million in debt.
3R Petroleum: Public Offering of Simple Debentures
3R Petroleum, also known by the code RRRP3, is carrying out a public offering of secondary distribution of simple, non-convertible debentures, with a total value of R$200 million. The company, which recently acquired a subsidiary in Luxembourg, intends to use the resources of debt issuance for capital reduction and to offer personal guarantees and real guarantees to investors.
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The purchase price of the debentures will be R$1.000,00 each, and the total amount to be issued will be 200.000 debentures. 3R Petroleum intends to guarantee the issuance through its receivables, in addition to offering a slice of the Market Turnover as additional guarantee.
With this operation, 3R Petroleum seeks to strengthen its capital structure and expand its investment capacity in its oil exploration and production projects. The company has stood out in the market for its operations in the oil and gas segment, and the public offering of simple debentures is another step towards consolidating its position as one of the main companies in the sector.
Investors interested in participating in 3R Petroleum's public offering must be aware of the deadlines and conditions established in the distribution prospectus, which will be available on the company's website and at financial institutions authorized to participate in the operation. This is a unique opportunity for investors who wish to join a solid and growing company in the energy market.
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