Brazilian telco Oi’s board of directors has given management the green light to start negotiating with bondholders in an attempt to restructure a reported US$14.3bn of bonds. Oi said in late April that it believed negotiations with the group of bondholders, which reportedly include Pacific Investment Management, BlackRock and Citadel, would help it complete the restructuring quickly. Brazilian telco Oi’s (BVMF:OIBR4) […]