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General

Oi reduces negative cash flow in February

Monday 19 April 2021 | 12:33 CET | News
Brazilian operator Oi ended February with negative net operating cash flow of BRL 970 million, down by BRL 452 million on January, according to the monthly financial report of Arnoldo Wald Law Office. The cash outflow was BRL 450 million, due to the payment of semi-annual interest on bonds qualified under the judicial recovery plan. As a result, the final balance of financial cash dropped by BRL 1.40 billion to BRL 1.85 billion in February.

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Categories: General
Companies: Oi
Countries: Brazil
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