BRASILIA, June 20 Brazil's telecom carrier Oi SA signed a debt standstill agreement for 180 days with state-owned development bank BNDES, the newspaper Valor Economico said on Monday.
The size of Oi's debt to BNDES was unclear, according to the newspaper. It added that, overall, the company owed about 10 billion reais to development banks.
11:10 Merged BAT-Reynolds could be loaded with up to $55 billion of debt, analysts say7
16:36 AT&T, Time Warner poised to lobby lawmakers, regulators on proposed $85-billion merger23
12:23 Lockheed Martin's quarterly profit handily beats estimates22
11:41 Caterpillar earnings: 85 cents per share, vs expected EPS of 76 cents19