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UPDATE 2-Bonds of Brazil phone carrier Oi jump on debt exchange terms

June 18, 2016

SAO PAULO, June 17- Prices of Oi SA bonds jumped on Friday after Brazil's most indebted wireless carrier laid out the terms of a restructuring proposal aimed at cutting 50 billion reais in obligations by more than half. Notes from a Netherlands- based Oi unit due this year were excluded from the plan. The Rio de Janeiro- based company, which faces a payment of 230...

Source: http://www.cnbc.com/2016/06/17/reuters-america-update-2-bonds-of-brazil-phone-carrier-oi-jump-on-debt-exchange-terms.html
 
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