Brazil's Oi board confirms financial advisor to replace PJT
Get Alerts PJT Hot Sheet
Price: $91.76 +0.56%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 1.8%
EPS Growth %: -7.4%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 1.8%
EPS Growth %: -7.4%
Join SI Premium – FREE
SAO PAULO (Reuters) - The board of Brazilian wireless phone carrier Oi SA
Schroeder declined to name the advisor, which will replace PJT Partners (NYSE: PJT), because the contract has not been signed. The unnamed firm, selected at a board meeting on Wednesday, will help Oi restructure about 41.2 billion reais ($12.8 billion) of financial liabilities.
(Reporting by Ana Mano; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- PJT Partners Inc. to Report First Quarter 2024 Financial Results and Host a Conference Call on May 2, 2024
- Analysis-Political heat prods Japan, South Korea to team up on weak currencies
- IMF says Latam, Caribbean economies resilient but more growth is needed
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!