Odebrecht Engenharia Creditors Approve Restructuring Plan: Globo

Creditors of Odebrecht Engenharia e Construcao approved the company’s judicial recovery plan, according to a column by Lauro Jardim in the local newspaper O Globo.

• Company, which is Novonor’s civil construction unit, liabilities are valued at around $4.6b
• Company’s debt restructuring should include a $120m investment from BTG Pactual, the column said

Original Story:Credores da Odebrecht Engenharia aprovam plano de RJ: Globo

To contact the translator on this story:
Peter Frontini in Sao Paulo at pfrontinisiq@bloomberg.net

Reporter on the original story:
Peter Frontini in Sao Paulo at pfrontinisiq@bloomberg.net

Editor responsible for the original story:
Danielle Chaves at djelmayer@bloomberg.net

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