Cleary Gottlieb is representing an ad hoc group of bondholders in the restructuring of Ocyan (formerly Odebrecht Óleo e Gas). (Photo: Ocyan)
Paco Cestero, Cleary Gottlieb and Manuel Garciadiaz and Drew Glover, Davis Polk. (Latinvex collage)
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Wednesday, January 4, 2023
Legal Briefs
Cleary Gottlieb Advises Ocyan's $2.7 Bln Restructuring
Cleary, Davis Polk advise Andrade Gutierrez restructuring.
BY LATINVEX STAFF
Cleary Gottlieb is representing an ad hoc group of bondholders holding approximately 61% of bonds issued by subsidiaries of Ocyan (formerly Odebrecht Óleo e Gas) in the restructuring of approximately $2.7 billion of indebtedness; Cleary Gottlieb and Davis Polk advised the restructuring of Brazilian real estate development and public project conglomerate Andrade Gutierrez Engenharia.
Keywords: Brazil, Cleary Gottlieb, Davis Polk, Finance
