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0.00063025210084036 0.00063025210084036 0.00063025210084036 0.00063025210084036 0.00441176470588237 0.00273109243697484 0.00180252100840334 0.00252100840336129
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UPDATE 4-Oi creditors debate largest-ever Latin American restructuring [Reuters]

CHINA TELECOM (CHA) 
Company Research Source: Reuters
Oi creditors debate largest-ever Latin American restructuring | Reuters 4 Min Read RIO DE JANEIRO (Reuters) - Oi SA ( OIBR4.SA ) creditors argued late into Tuesday night over a plan to restructure $20 billion in debt owed by the Brazilian telecoms company in Latin America’s largest-ever bankruptcy case as major creditors stayed silent about whether they would support it. With creditors requesting one recess after another at a public meeting in Rio de Janeiro, a court-appointed administrator said the process would reconvene at 9:40 p.m. local time (2340 GMT) and insisted the vote happen on Tuesday. The management of Brazil’s No. 4 wireless carrier is angling for enough support from creditors to restructure some 65.4 billion reais ($20 billion) in debt, capping a year and a half of bruising negotiations. The venue for one of Brazil’s most contentious corporate battles this year, a 22,000-square-meter convention center known as Riocentro, hosted boxing matches at the 2016 Olympic Games Show less Read more
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