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Oi SA (OIBR3.SA)

OIBR3.SA on Sao Paulo Stock Exchange

4.52BRL
21 Nov 2017
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Fri, Nov 17 2017

Brazil judge blocks new Oi directors from role in recovery plan

RIO DE JANEIRO, Nov 17 The Brazilian judge overseeing the debt restructuring of telecommunications firm Oi SA has blocked two recently appointed directors from taking a role in drafting its recovery plan.

UPDATE 1-Brazil's Oi focused on creditors meeting, not on new investors -CEO

SAO PAULO, Nov 13 Debt-laden Brazilian telecoms provider Oi SA could benefit from a third-party capital injection, but the company should focus on talks between creditors and shareholders before engaging new strategic investors, its chief executive said.

Outside investors distract from Oi restructuring -CEO

SAO PAULO, Nov 13 Debt-laden Brazilian telecoms provider Oi SA would stand to gain from a third-party capital injection, but the company should focus on talks between creditors and shareholders before engaging other strategic investors, its chief executive said on Monday.

UPDATE 3-Brazil court delays Oi creditors meeting again

BRASILIA/SAO PAULO, Nov 9 The court overseeing the debt restructuring of Brazilian telecoms company Oi SA on Thursday postponed a creditors meeting scheduled for Friday until Dec. 7, amid continued disagreements between shareholders and bondholders.

Brazilian judge delays Oi creditor assembly to Dec. 7

BRASILIA/SAO PAULO, Nov 9 The Brazilian judge overseeing the debt restructuring of telecommunications firm Oi SA has delayed a creditors assembly scheduled for Friday to Dec. 7, allowing banks, regulators, bondholders and shareholders more time to reach a consensus.

Brazil regulator rejects Oi request for deadline extension

SAO PAULO, Nov 9 Brazilian telecommunications regulator Anatel on Thursday rejected a request by telecoms company Oi SA to extend the regulator's deadline to explain Oi's latest restructuring proposal.

Bondholder group asks for court to intervene in board of Brazil's Oi

SAO PAULO, Nov 8 The law firm representing a bondholder group in debt-laden Brazilian telecoms company Oi SA has asked a court to nullify decisions made by the company's board, according to a copy of the motion seen by Reuters on Wednesday.

Brazil public banks ask to delay Oi creditors meeting -source

BRASILIA, Nov 8 Brazilian public banks holding debt in telecom company Oi SA have requested that the court overseeing the bankruptcy process delay a creditors meeting scheduled for Friday amid wide disagreements between creditors and shareholders, a government source said on Wednesday.

UPDATE 1-Brazil's TIM criticizes China Telecom tactics in Oi bid

SAO PAULO, Nov 8 Tim Participações SA , Brazil's second-largest wireless phone company, expressed concerns on Wednesday about the potential acquisition of debt-laden carrier Oi SA by state-run China Telecom Corp Ltd, adding to criticism already put forth by rival Telefonica Brasil SA.

Brazil's Oi asks regulator for a week to explain new restructuring proposal

BRASILIA, Nov 8 Brazil's Oi SA has asked the country's regulator Anatel for a week to explain details of the new debt restructuring proposal approved by the company's board, the regulator said on Wednesday.

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