NEW YORK–(BUSINESS WIRE)–The Steering Committees of the International Bondholder Committee (the IBC)
and the Ad Hoc Group (the AHG) of
bondholders (the Oi Creditor Groups) of
Oi S.A. and its affiliates (collectively, the Company
or the Oi Group) announce that, as
disclosed by the Company on November 6, 2017, the Oi Creditor Groups,
together with the committee of export credit agencies, facility agents
and banks (ECAs) represented by FTI Consulting (the ECAs),
transmitted a revised term sheet to the Company for alternative plan(s)
of reorganization for the Oi Group (the Revised
Creditor Term Sheet). The Revised Creditor Term Sheet, together
wit…
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