Oi settles BNDES and BTG Pactual debt after mobile unit sale

BMA – Barbosa, Müssnich, Aragão in Rio de Janeiro and São Paulo has helped Oi repay 6.6 billion reais (US$1.4 billion) worth of debt to Brazilian development bank BNDES and BTG Pactual, following the sale of its mobile division to Claro, Telefónica and TIM.

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