Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
This report on Form 6-K is incorporated by reference in the Registration
Statement on Form F-3 of Petróleo Brasileiro -- Petrobras (No. 333-163665).
Petrobras Among the Best According to Standard & Poor's
Management and Governance Score
Rio de Janeiro, May 13th , 2013 – Petróleo Brasileiro S.A. – Petrobras informs that Standard & Poor's Ratings Services (S&P) published today a report (Management and Governance Credit Factors) where it assigns management and governance evaluations to more than 300 nonfinancial Latin American corporations. Standard & Poor's uses the management and governance (M&G) score to modify its evaluation of an enterprise's business risk profile, a key component of its credit rating.
Of the 310 evaluated seven were designated as "strong", 106 as "satisfactory", 195 as "fair", and two as "weak". Petrobras is among the companies that were classified as "strong", the best rate of the ranking.
Worldwide, Standard & Poor's assigned M&G scores to 3,868 companies of which only 8% are designated as "strong".
S&P affirms that the scores are highly correlated with the overall credit ratings and investment-grade companies tend to have "strong" or "satisfactory" M&G scores.
PETRÓLEO BRASILEIRO S.A--PETROBRAS | ||
By: |
/S/ Almir Guilherme Barbassa
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Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer |
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