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UPDATE 2-Brazil's Oi says Dutch units may enter bankruptcy proceedings | |
November 30, 2016 SAO PAULO, Nov 29- Brazilian phone carrier Oi SA said on Tuesday that Dutch judicial authorities could compel bankruptcy proceedings for its two Netherlands- based units, which hold most of the company's bond debt. Oi said in a securities filing that it hoped that a bankruptcy process in the Netherlands, should it take place, would have no meaningful bearing on its... Source: http://www.cnbc.com/2016/11/29/reuters-america-update-2-brazils-oi-says-dutch-units-may-enter-bankruptcy-proceedings.html |