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Published on 2/5/2020 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Oi’s Movel unit sells R$2.5 billion nonconvertible secured debentures

By Sarah Lizee

Olympia, Wash., Feb. 5 – Oi SA subsidiary Movel SA issued R$2.5 billion nonconvertible secured debentures in a private placement, according to a 6-K filing with the Securities and Exchange Commission.

Oi is a Rio de Janeiro-based telecommunications service provider.


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