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Brazil’s Oi to repurchase two series of nonconvertible debentures
By Wendy Van Sickle
Columbus, Ohio, June 24 – Oi SA will proceed with a mandatory repurchase of the first and second series of the company’s ninth issuance of simple, nonconvertible, unsecured debentures, according to a Wednesday filing with the Securities and Exchange Commission.
The first series debentures (Oi BR-D91) will be bought back for R$ 10,151.254243 each and the second series (Oi BR-D92) for R$10,907.475477 each.
Rio de Janeiro-based Oi is a telecommunications service provider.
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