KM Financial Solutions | UPDATE 2-Brazil’s Odebrecht to repay late Banco do Brasil loan with new credit
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UPDATE 2-Brazil’s Odebrecht to repay late Banco do Brasil loan with new credit

UPDATE 2-Brazil’s Odebrecht to repay late Banco do Brasil loan with new credit

SAO PAULO, May 25 (Reuters) – Brazilian conglomerate
Odebrecht SA’s will use part of a 2.6 billion reais
($709.96 million) bank loan to repay a loan in arrears with
state-controlled bank Banco do Brasil SA, two sources
with knowledge of the matter told Reuters.

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