Brazil's Oi says in talks to restructure bonds
BRASILIA, April 25 (Reuters) - Brazilian phone carrier Oi SA on Monday said it is in confidential talks with creditors advised by Moelis & Co to restructure bonds, according to a securities filing.
Sources told Reuters that Oi and adviser PJT Partners Inc would sit down with a group of about 25 bondholders, including Pacific Investment Management Co, BlackRock Inc and Citadel LLC, to restructure $14.3 billion of bonds. (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)
© Thomson Reuters 2017 All rights reserved.