Portugal Telecom Intnl Fin BV Suspension of Payment Conversion Hearings (0810U)
January 13 2017 - 1:00AM
UK Regulatory
TIDM36EN
RNS Number : 0810U
Portugal Telecom Intnl Fin BV
12 January 2017
PORTUGAL TELECOM INTERNATIONAL FINANCE B.V. em recuperação
judicial (subject to Brazilian in-court restructuring
proceedings)
(the "Issuer" or "PTIF")
NOTICE
to the holders of the following securities:
EUR500,000,000 4.375 per cent. Notes due 2017
(ISIN: XS0215828913)
EUR250,000,000 5.242 per cent. Notes due 2017
(ISIN: XS0441479804)
EUR750,000,000 5.875 per cent. Notes due 2018
(ISIN: XS0843939918)
EUR750,000,000 5.00 per cent. Notes due 2019
(ISIN: XS0462994343)
EUR1,000,000,000 4.625 per cent. Notes due 2020
(ISIN: XS0927581842)
EUR500,000,000 4.5 per cent. Notes due 2025
(ISIN: XS0221854200)
EUR400,000,000 6.25 per cent. Notes due 2016
(ISIN: PTPTCYOM0008)
(together, the "Notes")
issued by the Issuer under its EUR7,500,000,000 Euro Medium Term
Note Programme
and guaranteed by
Oi S.A. em recuperação judicial (subject to Brazilian in-court
restructuring proceedings)
("Oi")
Hearings for each of PTIF and Oi Brasil Holdings to consider the
requests for conversion of their respective suspension of payments
proceedings into Dutch bankruptcy proceedings
On 12 January 2017, hearings were held in the District Court of
Amsterdam, The Netherlands, in relation to the requests for
conversion of the suspension of payments proceedings for each of
Oi's finance vehicles in the Netherlands, Oi Brasil Holdings
Coöperatief UA em recuperação judicial (subject to Brazilian
in-court restructuring proceedings) ("Oi Brasil Holdings") and
PTIF.
The District Court of Amsterdam, The Netherlands, informed that
it expects to render its decision in relation to both Oi Brasil
Holdings' and PTIF's hearings for the conversion of their
respective suspension of payments proceedings on 26 January
2017.
For more information, please contact:
Portugal Telecom International Finance B.V. em recuperação
judicial (subject to Brazilian in-court restructuring
proceedings)
Carlos Augusto Machado Pereira de Almeida Brandão
E-mail: PTIF.SoP@oi.net.br
Telephone: + 55 21 3131-2918
The administrator of PTIF
Mr J.L.M. Groenewegen
CMS
PO Box 94700
1090 GS Amsterdam
The Netherlands
E-mail: ptif@cms-dsb.com
Telephone: +31 20 3016 311
12 January 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUUSORBVAAAUR
(END) Dow Jones Newswires
January 13, 2017 02:00 ET (07:00 GMT)
Port.tel.4.50% (LSE:36EN)
Historical Stock Chart
From May 2024 to Jun 2024
Port.tel.4.50% (LSE:36EN)
Historical Stock Chart
From Jun 2023 to Jun 2024