Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Tuesday, September 06, 2016

Oi's judicial recovery

A proposal to include from the exchange of debt to the sale of assets and mobile operations

Oi presented before Justice its judicial recovery plan that includes the sale of properties which until recently were reversible assets that were to be left to the State -but by altering the concession would be left for operators-, and of mobile phone operations. It also adds the payment of small debts to creditors and suppliers, and the possibility that creditors are left with up to 85% stake in the company, or to start getting paid in ten years.


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