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Bondholders claim Oi’s restructuring plan favours existing shareholders in court objection

Connectivity BusinessbyConnectivity Business
January 17, 2017
in Financing, Government and Legal, Space Services
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Oi bondholders represented by Moelis have presented a motion to a Rio de Janeiro court to object to the telco’s reorganisation plan filed in September. The group claims the plan favours the telco’s existing shareholders to the detriment of creditors. Oi (BMV:OIB4) bondholders represented by Moelis have presented a motion to a Rio de Janeiro court to object […]

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Tags: Latin AmericaMoelis & CompanyNaguib SawirisOiPharol SGPSPremiumTF252Timor Telecom
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