May 4, 2017 / 12:41 AM / in 7 months

Canada's Brookfield joining group of Oi bondholders: Bloomberg

(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.

FILE PHOTO - People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch

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

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