December 10, 2019 / 5:36 PM / a month ago

Brazil's Odebrecht creditors delay vote on plan to Dec 19 -statement

SAO PAULO, Dec 10 (Reuters) - Brazil’s Odebrecht creditors have delayed the vote on the conglomerate’s new bankruptcy plan to Dec. 19, according to representatives for the conglomerate.

The company said in a statement that 20 of the 21 subsidiaries have agreed to delay the vote on the restructuring to Dec. 19. Creditors of one last subsidiary, Atvos Investments, are still discussing the delay. Odebrecht presented the new restructuring plan to creditors on Tuesday. (Reporting by Tatiana Bautzer and Carolina Mandl Editing by Chris Reese)

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