Odebrecht deals with US$4.5 billion debt in Brazil’s “largest ever” extrajudicial restructuring
An offshore oil drilling group owned by Brazilian conglomerate Odebrecht has entered into agreements with creditors to restructure its 15 billion reais (US$4.5 billion) debt pile, and has signalled its intention to file for Chapter 15 recognition once the agreements receive court sanction.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.