Exclusive: Brazil’s Oi considers capital hike to accelerate reorganization

June 9, 2017 By Guillermo Parra-Bernal and Alexandra Alper SAO PAULO (Reuters) – Oi SA is working on a proposal to raise 8 billion reais ($2.4 billion) in fresh capital from shareholders and investors as a way to accelerate the Brazilian wireless carrier’s emergence from bankruptcy, Chief Executive Officer Marco Schroeder told Reuters on Friday. Under terms of the plan, which are under analysis by Oi’s executives and financial advisers, new stock would be offered to shareholders and, if some of them forgo the chance to subscribe, to other investors,…

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