Court orders Oi to put two Dutch subsidiaries into bankruptcy proceedings
A Netherlands court has ordered struggling Brazilian telco Oi to put its two local units into bankruptcy proceedings giving bondholders leverage to ...
Tag: Aurelius Capital
Oi tries second haircut as it looks to swap US$1.55bn of debt into equity
Struggling Brazilian telco Oi is reportedly looking to exchange R$5bn (US$1.55bn) of bondholder debt into equity. Oi, is negotiating with creditors how much would that ...
Sawiris and creditors propose US$1.25bn injection to take control of Oi
Egyptian billionaire Naguib Sawiris and Oi‘s bondholders have proposed investments worth R$37bn (US$11bn) over five years in exchange for 95% of ...
Oi asks for judicial consent to sell Timor Telecom in bid to cut debt
Struggling Brazilian telco Oi has asked the court administrating its bankruptcy protection for authorisation to sell its direct and indirect interests in Timor ...
Oi hires Laplace as financial adviser, halts sale of Timor Telecom
Oi has hired restructuring specialist Laplace Finanças, which is going to assist in the judicial reorganisation process of the company and its ...
Oi eyes merger with AT&T’s Sky Brasil
Struggling Brazilian telco Oi is reportedly looking to merge with Sky Brasil, owned by AT&T-controlled DirecTV Latin America. Oi reportedly intends to approach the satellite television ...
Aurelius forms new bondholder group to negotiate with Oi
New York-based Aurelius Capital Management has reportedly formed a second dissident group of bondholders at Brazilian telco Oi, likely complicating ...
Activist Oi investor requests EGM to annul Pharol agreements, file lawsuits
Société Mondiale, an activist investor in Oi, has called for an extraordinary general meeting of shareholders to address its proposal ...
Investor group plots Oi takeover
A group of investors in indebted Brazilian telco Oi have reportedly approached US-based investment banking firm Abadi & Co Global Markets about ...
Opposition bondholder group grows amid Oi bankruptcy plan
A group representing holders of billions of dollars worth of Oi bonds is growing as more creditors oppose reorganisation plans put forward by both ...
