Odebrecht bondholders stand their ground

Odebrecht bondholders stand their ground

Debt Bonds Capital Markets Corporate & Sovereign Strategy Fixed Income Funds Asset Management Project & Infrastructure Finance Regulation Brazil

Odebrecht's creditors are expected to stick with a restructuring proposal when they next hold meetings with the troubled Brazilian company in mid-April, LatinFinance has heard. "We thought the proposal we put together, which was based on their business plan and not on anything heroic, was very clear and would give them enough flexibility. We don't understand why they are saying it's unfeasible," one of the bondholders said. After Odebrecht asked its bondholders to accept a discount of 70% to 8

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial