Wednesday, 18 October 2017

NII Holdings exits Chapter 11

By Nick Wood, Total Telecom
Monday 29 June 15

LatAm telco to focus on Brazil; will distribute 100 million shares, $745 million in cash to creditors.

NII Holdings has emerged from Chapter 11 bankruptcy protection and announced plans to focus on Brazil. The U.S.-based, LatAm-focused telco's exit from Chapter 11 will see it distribute 100 million shares of new common stock and $745 million in cash among holders of senior notes via two subsidiaries…

NII Holdings has emerged from Chapter 11 bankruptcy protection and announced plans to focus on Brazil. The U.S.-based, LatAm-focused telco's exit from Chapter 11 will see it distribute 100 million shares of new common stock and $745 million in cash among holders of senior notes via two subsidiaries…

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