Fitch Downgrades Oi S.A. (OIBR) to 'C'
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S&P Downgrades Oi S.A. (OIBR) to 'D' Following Request for Reorganization
June 21, 2016 12:11 PM EDTS&P Global Ratings lowered its corporate credit and issue-level global scale ratings on Oi S.A. (NYSE: OIBR) to 'D' from 'CCC-' and its national scale ratings to 'D' from 'brCCC-'.
The recovery ratings on the company's rated debt remain... More
