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Creditors of Brazil's Oi balk at revised debt restructuring plan

March 25, 2017

SAO PAULO, March 24- The two biggest bondholder groups in Brazilian telephone operator Oi SA said on Friday they "strongly oppose" the terms of a new debt restructuring plan the company intends to present in bankruptcy court. Oi is Brazil's No. 4 wireless carrier. Last June, the company sought court protection from creditors on about 65 billion reais in Brazil's...

Source: http://www.cnbc.com/2017/03/24/reuters-america-creditors-of-brazils-oi-balk-at-revised-debt-restructuring-plan.html
 
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