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General

Oi starts negotiations with creditors

Tuesday 17 May 2016 | 11:30 CET | News
Brazilian operator Oi announced that its board of directors approved the start of negotiations with creditors on restructuring the company's debt. Oi and its advisors have scheduled meetings this week in New York to begin formal discussions with Moelis & Company, who acts as advisor for an ad hoc committee of holders of bonds issued by Oi and its subsidiaries Portugal Telecom International Finance and Oi Brasil Holdings Cooopertief. 

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Categories: General
Companies: Oi / Portugal Telecom
Countries: Brazil
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