Friday, November 22, 2013

OSX Expects to Miss Interest Payment

Brazilian shipbuilder OSX Brasil SA, controlled by Eike Batista, said in a letter to trustees for its bondholders that it expects it will miss interest payments due Dec. 20 on $500 million in outstanding bonds.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702304337404579213691542812788.html?mod=pls_whats_news_us_business_f

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