Brazil's Odebrecht proposes to creditors to swap debt for equity instruments: statement

Canada News News

Brazil's Odebrecht proposes to creditors to swap debt for equity instruments: statement
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Brazilian conglomerate Odebrecht SA, which has been in bankruptcy protection sin...

FILE PHOTO: The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo, Brazil, July 29, 2019. REUTERS/Amanda Perobelli

The instruments would give creditors the rights to receive proceeds of the asset sales and future profits of the companies controlled by the conglomerate.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brazil police say found evidence of corruption related to speaker MaiaBrazil police say found evidence of corruption related to speaker MaiaBrazil's Federal Police have found evidence of corruption and money launder...
Read more »

New fires rage in Amazon as Brazil military planes battle flamesNew fires rage in Amazon as Brazil military planes battle flamesHundreds of new fires have flared up in the Amazon in Brazil, data showed Monday, even as military aircraft dumped water over hard-hit areas and G7 nations pledged to help combat the blazes. Smoke choked Port Velho city as fires raged in the northwestern state of Rondonia where fire-fighting efforts
Read more »

Brazil poll shows Bolsonaro government approval sinksBrazil poll shows Bolsonaro government approval sinksThe approval rating of right-wing President Jair Bolsonaro's government has...
Read more »

Brazil military fights Amazon fires as G7 leaders agree to send urgent helpBrazil military fights Amazon fires as G7 leaders agree to send urgent helpUK PM Boris Johnson pledged $12.3 million to help restore the Amazon which has been ravaged by fires. Brazilian warplanes have been dumping water on the blaze in Rondonia, after a global outcry over the destruction of the world's largest rainforest.
Read more »

Mercosur trade deal gives EU leeway to pressure Brazil on Amazon fires: MaasMercosur trade deal gives EU leeway to pressure Brazil on Amazon fires: MaasA planned trade agreement between the European Union and Latin American countrie...
Read more »

Amazon fires: Brazil deploys 44K troops amid international outcryAmazon fires: Brazil deploys 44K troops amid international outcry
Read more »



Render Time: 2025-03-10 01:39:58