Brazilian telecom expects creditors to vote on the reorganization proposal by the end of June
Tag: restructuring
Posted inDaily Brief
AES Gener restructures hydro project
Chilean energy company receives an additional $117m to cover cost overruns
Posted inDaily Brief
PDG gets bankruptcy protection
Brazilian real estate company will renegotiate some $2bn in debt during the court proceedings
Posted inDaily Brief
Bondholders object Oi restructuring plan
Ad-hoc group says the Brazilian telecom has kept it out of the loop and also opposes plan to sell assets without auctions
Posted inDaily Brief
Fitch downgrades Libra Rio
Brazilian logistics firm moves into restricted default after approving a restructuring plan
Posted inMagazine
Restructuring of the Year
The Brazilian sugar company convinced 90% of bondholders to sign on to a debt exchange and avoided a prolonged legal process
Posted inDaily Brief
OGX settles debt-for-equity swap
Brazilian oil and gas company cedes 95% control to three groups of creditors
Posted inDaily Brief
Elliot prepares Oi offer
US hedge fund held talks last year about a possible investment in the troubled Brazilian telecom but never reached a deal
Posted inDaily Brief
Usiminas disputes Sumitomo veto of capital reduction
Brazilian miner plans to use $311m in capital from a subsidiary as part of a wider debt renegotiation
Posted inDaily Brief
Taurus restructures debt
Brazilian manufacturer extends maturities on $150m in debentures