The transaction with creditors, processed under UK law, allowed the New York City-based integrated gas-to-power company to extinguish around $5.7 billion in debt by separating its Brazilian operations into two enterprises, one ceded to creditors.
The transaction with creditors, processed under UK law, allowed the New York City-based integrated gas-to-power company to extinguish around $5.7 billion in debt by separating its Brazilian operations into two enterprises, one ceded to creditors.