Debtwire Latin America Oi Webinar

23 June 2016

On 23 June the Debtwire Latin America and Europe teams hosted an online roundtable discussion examining the bankruptcy protection process of Brazilian telecom Oi.

 

An unsuccessful European expansion and a Brazilian recession have left Oi with a BRL 65.4bn (USD 19bn) debt burden. Holders of USD, EUR and BRL-denominated bonds have competing interests, and the telecom was unable to reach an out-of-court settlement satisfying all of them. Several issues remained unclear heading into the Brazilian court process initiated 20 June, including actions that could be taken by the Brazilian telecommunications regulator.

 

CLICK HERE to access the full presentation.