Odebrecht get relief to honor payment bonds

Odebrecht Oil & Gas, Offshore drilling oil company Odebrecht SA, said on Friday, March 31, which will on April 7 an interest payment and a relevant group of shareholders agreed to provide the Brazilian company relief temporary housing.

The payment of interest on the global portfolio of 6.75% of the company, scheduled for October 2022, was due on March 1. Odebrecht Oil & Gas, commonly known as GRB used a so-called 30-day curing period, day to settle the payment.

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