Brazil’s Ambipar Faces New Creditor Appeal to Suspend September 1 Debt Vote
BRAZIL · COMPANIES Key Facts —What happened: Local creditors filed a new appeal to suspend Ambipar’s debt-plan meeting set for September 1. —Who is behind it: Oliveira Trust, agent for the group’s debenture holders, and lender Sumitomo lead the push. —The debt: The waste-management group is restructuring R$10.5 billion (US$2.04 billion) in court. —The catch: […] The post Brazil’s Ambipar Faces…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
