Monday, March 27, 2017

Brazil's Odebrecht O&G mulls out-of-court workout -sources

SAO PAULO, March 27 (Reuters) - Odebrecht Óleo & Gás SA, the

offshore oil drilling firm owned by Brazil's Odebrecht SA

, could seek an out-of-court reorganization with

creditors to speed up the restructuring of $5 billion in debts,

two people familiar with the plan said on Monday.

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