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KM Financial Solutions | UPDATE 3-Brazil judge gives creditors more time to work out Oi restructuring
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UPDATE 3-Brazil judge gives creditors more time to work out Oi restructuring

19 Oct UPDATE 3-Brazil judge gives creditors more time to work out Oi restructuring

Posted at 23:10h in News by
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SAO PAULO, Oct 20 (Reuters) – The judge overseeing phone
carrier Oi SA’s bankruptcy case agreed on Friday to
give creditors and the company more time to reconcile competing
restructuring proposals, 16 months into Brazil’s largest
in-court reorganization.

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