E Munhoz, Davis Polk, Pinheiro Neto, Cleary and Arendt advise as Ocyan begins restructuring
Ocyan was formerly known as Odebrecht Óleo e Gás (Credit: shutterstock/ Diego Grandi)
UPDATED: Offshore oil drilling group Ocyan, formerly known as Odebrecht Óleo e Gás, has opened Brazilian extrajudicial reorganisation proceedings to deal with a US$2.7 billion debt pile through a debt-for-equity swap.
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