Largo executes Banco do Brasil debt restructuring, covering 48% of US$82 million senior bank debt
LGO•Progress on broader lender restructuring
Signed agreements now represent about 48% of that debt, including a separate definitive deal with Caixa Econômica Federal.
Work continues with the remaining Brazilian commercial bank lenders to complete definitive agreements under the same restructuring framework.
Debt restructuring agreement with Banco do Brasil
Largo executed a definitive debt-restructuring agreement with Banco do Brasil, its largest creditor.
The deal covers part of about US$82 million in commercial bank senior debt.
