This excerpt taken from the PBR 20-F filed Jun 30, 2005.
U.S.$600,000,000 7.75% Global Notes due 2014
Reference is made to that certain indenture dated as of July 19, 2002 (the Original Indenture) between Petrobras International Finance Company (PIFCo) and JPMorgan Chase Bank (the Trustee), as supplemented by the fourth supplemental indenture among the Issuer, Petróleo Brasileiro, S.A. - Petrobras (Petrobras) and the Trustee dated as of September , 2004 (the Fourth Supplemental Indenture). The Original Indenture, as supplemented by the Fourth Supplemental Indenture, and as amended or supplemented from time to time with respect to the Notes, is hereinafter referred to as the Indenture. Reference is also made to that certain Standby Purchase Agreement (as amended or supplemented from time to time, the Standby Purchase Agreement) dated as of September , 2004 between the Trustee and Petróleo Brasileiro, S.A.Petrobras (Petrobras) pursuant to which Petrobras has undertaken to purchase from the holders of PIFCos 7.75% Global Notes due 2014 (the Notes) such holders right to receive unpaid amounts due and owing on such Notes. Capitalized terms not defined herein shall have the meanings set forth in the Standby Purchase Agreement.
By this notice, the undersigned, acting on behalf of the holders of the Notes, hereby advises you as follows: