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Wireless

Nextel Brasil agrees loans deferral

Wednesday 1 November 2017 | 15:18 CET | News
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NII Holdings announced that Nextel Brasil signed amendments to its loan agreements with the China Development Bank, Banco do Brazil and Caixa Economica Federal. These amendments provide for the deferral of substantially all principal payments for 48 months and a holiday for certain financial covenants, including the net debt financial covenant, until 30 June 2020.

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Categories: Mobile & Wireless
Companies: Nextel
Countries: Brazil
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