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Pharol SGPS SA (PHRA.LS)

PHRA.LS on Lisbon Stock Exchange

0.18EUR
15 Nov 2018
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€-0.01 (-3.52%)
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Portuguese court recognizes Oi recovery plan

SAO PAULO, Oct 26 A Portuguese court approved on Friday a debt restructuring plan that was passed by creditors in major Brazilian telecom firm Oi SA, marking a step forward in the company's tortured bankruptcy recovery process.

UPDATE 1-Oi say Portuguese judge declines to recognize restructure plan

SAO PAULO, Aug 1 Brazilian telephone carrier Oi SA said on Wednesday that a judge in Lisbon had decided against validating the company's restructuring plan in Portugal for now, adding that the decision will not keep the plan from going into effect.

Brazil's Oi says Portugal judge overrules restructuring plan

SAO PAULO, Aug 1 Brazilian telephone carrier Oi SA said on Wednesday that a commercial judge in Lisbon has overruled the company's restructuring plan as approved by its creditors in Brazil.

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