Brazil's Oi board confirms financial advisor to replace PJT
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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)
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