Saturday, 22 September 2018

Oi restructuring plan a bitter pill for bondholders

By Nick Wood, Total Telecom
Tuesday 06 September 16

Troubled Brazilian telco reportedly offers bondholders new debt worth 30% of what they are owed.

Oi this week filed a debt restructuring plan that according to several reports offers a raw deal for bondholders. The troubled Brazilian telco, which filed for creditor protection in June, has offered bondholders new debt worth approximately 30% of what they are owed…

Oi this week filed a debt restructuring plan that according to several reports offers a raw deal for bondholders. The troubled Brazilian telco, which filed for creditor protection in June, has offered bondholders new debt worth approximately 30% of what they are owed…

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