(Reuters) - Canada’s Brookfield Asset Management Inc BAMa.TO is joining a group of Oi SA’s OIBR4.SA bondholders being advised by Moelis & Co as the Brazilian telecommunications company restructures, Bloomberg reported on Wednesday citing sources.
Brookfield, Canada's largest alternative asset manager, joined the steering committee of the group last week, Bloomberg reported. (bloom.bg/2q0aHbm)
Oi sought court protection from creditors last June on about 65 billion reais ($20.55 billion) in Brazil’s biggest-ever bankruptcy filing.
Brookfield and Oi were not immediately available for comment.
($1 = 3.1635 reais)
Reporting by Ahmed Farhatha in Bengaluru