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Wireless

Oi raises around BRL 6.6 billion through debt issue

Monday 2 August 2021 | 14:37 CET | News
Brazilian operator Oi is continuing to boost cash flow for Oi Movel by completing two fundraising operations. The first one raised BRL 2 billion by issuing debentures that are not convertible into shares, which were subscribed to by a BTG Pactual investment fund. These debentures will mature in 100 months.

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Categories: Mobile & Wireless
Companies: Oi
Countries: Brazil
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