Oi S.A. - In Judicial Reorganization Announces Supplement To

Oi S.A. - In Judicial Reorganization Announces Supplement To It Consent Solicitation For 10.000%/12.000% Senior PIK Toggle Notes Due 2025


– In Judicial Reorganization (the "
Company"), an integrated telecommunication service provider in Brazil, announced today an amendment to the terms of its solicitation of consents (the "
Consent Solicitation") from  holders of the 10.000%/12.000% Senior PIK Toggle Notes due 2025 issued by the Company (the "
Notes") for the adoption of certain proposed amendments (the "
Proposed Amendments") to the New York law indenture, dated as of July 27, 2018, governing the Notes (the "
Indenture"). 
Holders of the Notes are referred to the Consent Solicitation Statement, dated February 18, 2021 (as amended and supplemented, the "
Consent Solicitation Statement"), for the detailed terms and conditions of the Consent Solicitation with respect to the Notes. As set forth in the Consent Solicitation Statement, each of the Expiration Date, Revocation Deadline and Record Date remain 5:00 p.m., New York City time, on May 5, 2021. The Consent Solicitation is made solely by means of the Consent Solicitation Statement. The Consent Solicitation Statement contains important information that holders of Notes should carefully read before any decision is made with respect to the Consent Solicitation. Terms not defined in this press release shall have the meaning ascribed to them in the Consent Solicitation Statement.

Related Keywords

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