Brazil’s Oi to begin mandatory repurchase of unsecured debentures

By Susanna Moon

Chicago, June 24 – Oi SA will begin a mandatory repurchase of the first and the second series of the ninth issue of unsecured debentures, according to a 6-K filing with the Securities and Exchange Commission.

The total amount will be R$10,151.254243 per debenture for the first series and R$10,907.475477 per debenture of the seconnd series.

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

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