Oncoclínicas calls debenture holder meetings to discuss potential extrajudicial debt recovery plan
By
Helena Schuster
Right out the toaster. Reliable, with some real depth.
Summary
Oncoclínicas, a Brazilian oncology clinic network, has called debenture holder meetings for July 6th to discuss a potential extrajudicial reorganization (recovery). The company announced this in a material fact disclosure on Monday (15th). The meetings aim to deliberate on debt restructuring terms and implementation methods, which may include approval of an extrajudicial recovery plan. This move is part of ongoing negotiations with key creditors.
Key quotes
· 3 pulledAs assembleias foram convocadas para deliberar sobre os termos da reestruturação da dívida da companhia e os meios de implementação dessas medidas
pode incluir a aprovação e a adesão a um eventual plano de recuperação extrajudicial
O comunicado acrescenta que as assembleias ocorrem no âmbito das negociações com os principais credores
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