Restructuring looms for Brazilian construction firm

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Restructuring looms for Brazilian construction firm

Brazil, Rio, Christ, LatAm
dabldy - Fotolia

Odebrecht Engenharia & Construçäo finally admitted defeat in its attempt to avoid default on Monday, as it acknowledged that it would not be making a $11.5m coupon payment due on its $519m of 4.375% 2025 bonds, paving the way for a restructuring.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article