On November 18, 2024, Petrobras announced the redemption of $606.4 million in 5.299% Global Notes due 2025 and £466.7 million in 6.250% Global Notes due 2026, set for redemption on December 27, 2024, and December 23, 2024, respectively. This decision was made using available cash on hand, marking a significant financial maneuver for the company.