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Brazil’s Cancer Giant Has $24m in Cash and $680m Due This Year

Read on riotimesonline.com

From the article

Corporate Distress Key Facts —The gap. On March 31 the company held R$124m ($24m) in cash against R$3.5bn ($680m) of short-term financial obligations. —The ask. Financial creditors are being pushed toward a write-off of 40 to 50 percent on R$3.3bn ($640m) of debt. —The bank. R$430.9m ($84m) of company cash was trapped in deposits at […] The post Brazil’s Cancer Giant Has $24m in Cash and $680m Due This Year appeared first on The Rio Times .
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