Brazilian telecom plans to present a new recovery plan in Q1 2017
Tag: Oi
Brazil’s Oi analyzes debt swap proposal
Brazilian telecom plans to present a new recovery plan in Q1 2017
Oi creditors offer debt swap, investment plan
Bondholders and Egypt’s Orascom present plans to exchange outstanding notes for a 95% stake in the bankrupt Brazilian telecom
Oi creditors offer debt swap, investment plan
Bondholders and Egypt’s Orascom present plans to exchange outstanding notes for a 95% stake in the bankrupt Brazilian telecom
Oi asks to sell Timor Telecom stake
Canada’s Investel makes a $62m offer for the East Timor phone carrier
Brazil’s Oi asks to sell Timor Telecom stake
Canada’s Investel makes a $62m offer for the East Timor phone carrier
Oi appoints new CFO
Ricardo Martins replaces Flavio Guimaraes at the Brazilian telecom
Oi bondholders reject restructuring plan
Creditors say they have to forgive almost $7bn in debt, while the equity holders stand to gain from write-offs and asset sales
Oi asks bondholders to take cuts
Brazilian telecom also offers to sell assets and raise new capital to get out of $20bn in debt
Creditors suggest Oi debt relief
Bondholders could agree to a five-year grace period and haircut on existing debt but they will seek an equity stake from the Brazilian telecom
