Oi debenture sale approved
Brazilian operator Telemar Norte Leste, operating as Oi, is locally reported to have received regulatory approval for its proposed US$1.3bn debt, in debentures.
The Brazilian Securities Commission is believed to have approved the telco’s plan to sell…
Brazilian operator Telemar Norte Leste, operating as Oi, is locally reported to have received regulatory approval for its proposed US$1.3bn debt, in debentures.
The Brazilian Securities Commission is believed to have approved the telco’s plan to sell non-convertible debentures in two tranches, the first worth US$1.01bn, due April 15 2014, the second worth US$287m, due April 15 2020.
