Banks, Moelis-led bondholders discuss Brazil's Oi debt relief, source says

SAO PAULO, Aug 16 (Reuters) - Banks and bondholders accounting for more than half the 65.4 billion reais ($20 billion) that Oi SA owes could propose a five-year grace period and lower borrowing costs...

from Reuters: Bankruptcy News http://ift.tt/2bpgdcU