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New CEO of Brazil's Oi to adopt a conciliatory tone in creditor talks
November 30, 2017 / 6:36 PM / 16 days ago

New CEO of Brazil's Oi to adopt a conciliatory tone in creditor talks

RIO DE JANEIRO (Reuters) - The new chief executive officer of Oi SA (OIBR4.SA), the Brazilian carrier which is conducting Latin America´s largest ever debt restructuring, said the company will adopt a conciliatory tone in talks with creditors.

The headquarters of the Brazil's largest fixed-line telecoms group Oi, is pictured in Rio de Janeiro, Brazil, June 22, 2016. REUTERS/Sergio Moraes

    Eurico Teles Neto said he believes Oi´s restructuring plan will be voted on by the creditors at a meeting scheduled for Dec. 19.

    Reporting by Rodrigo Viga Gaier; Writing by Ana Mano; editing by Jonathan Oatis

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