Brazil's Oi proposes 25 percent limit to debt-for-equity swap

BRASILIA/RIO DE JANEIRO (Reuters) – Brazilian phone carrier Oi SA submitted a plan on Wednesday to restructure its 65.4 billion-real ($ 21 billion) debt burden with a proposal to limit the debt-for-equity swap demanded by creditors to 25 percent of capital. The plan was delivered to a Rio de Janeiro court and creditors of the […] Read more »

OpenStack deployments grow 44 percent in 2017

OpenStack Foundation has received massive positivity through its ninth user survey. The latest report shows a 44 percent growth in OpenStack … RSS-3 Related Posts:6 Rules You Must Know for Using SEO and SEM to Grow Your BusinessBrazil's Oi proposes 25 percent limit to debt-for-equity swapUnited States Cloud Computing Stack Layers Market Present Scenario and Growth […] Read more »