Business · Companies · 5 hrs ago

Oncoclínicas files new debt-restructuring plan with 50% support

Oncoclínicas files new debt-restructuring plan with 50% support

Oncoclínicas filed a new out-of-court debt-restructuring plan on Friday.

The plan has 50% support, though the text does not specify who has agreed to it.

The company reached the plan after weeks of disputes between creditors and shareholders.

It does not dilute current shareholders’ stakes, meaning their ownership would not be reduced under the plan.

The headline says the debt is R$5.7 billion, while the text says R$5.7 million.

The information provided does not say what happens next.

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