Brazilian Andrade adds PIK option to bond exchange

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Brazilian Andrade adds PIK option to bond exchange

Oliver West
July 31, 2018 12:30 pm
Andrade Gutierrez, Lava Jato, Porto Alegre, Football, stadium, Brazil, LatAm
View of the Beira-Rio stadium in Porto Alegre, southern Brazil, on December7, 2011. The President of the International, Geovane Luigi, gave an interview accompanied by directors of construction company Andrade Gutierrez to talk about the acceptance of the draft partnership agreement with the company for the reform of the stadium, which will be used in the 2014 World Cup. | WESLEY SANTOS/DPA/Press Association Images

Engineering and construction firm Andrade Gutierrez has amended the terms of its bond exchange offer after discussions with the largest holders of its old notes.

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Oliver West
US Bureau Chief - Latin America Editor
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