RIO DE JANEIRO, Oct. 12, 2017 /PRNewswire/ — Oi S.A. In Judicial Reorganization (“Oi,” and together with certain of its affiliates, the “Company“), in compliance with Article 157, paragraph 4 of Law 6,404/76 and pursuant to CVM Instruction No. 358/02, hereby informs its shareholders and the market in general that the Company has been involved in discussions and negotiations with certain individual holders (each, a “Noteholder“) of, or managers of entities holding, beneficial interests in, (i) the 9.750% Senior Notes due 2016 issued by Oi, (ii) the 5.125% Senior Notes due 2017 issued by Oi and guaranteed by Telemar Norte Leste S.A. In Judicial Reorganization (“Telemar“), (iii) the 9.500% Senior Notes due 2019 issued b…
Read the full article at: http://markets.businessinsider.com/news/stocks/Oi-S-A-Material-Fact-Restructuring-Settlement-Negotiations-1003950249