Brazil’s OGX Oil Firm Says Talks With Creditors Failed

By AFP
Updated on
Brazil’s OGX oil firm says talks with creditors failed (via AFP)

Brazilian tycoon Eike Batista’s troubled oil firm OGX announced Tuesday that talks with creditors to restructure its ballooning debt had failed, bringing the company a step closer to default. In a note sent to the market, the company, which skipped…



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