Odebrecht resolve suas dívidas e investe no crescimento da construtura

Odebrecht Resolves Its Debts and Invests in Construction Growth

Written by Paulo Nogueira

Published on 27/05/2018 at 08:50

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With a Loan of R$ 2.6 Billion That Odebrecht Secured from 4 Banks, the Company Claims Promising Projects

Odebrecht S.A., the holding company of the Odebrecht Group, has reached a financial agreement with five Brazilian banks that provides R$ 2.6 billion in new resources and at the same time extends, with lower interest rates, debts that would mature in the short term. Odebrecht will allocate a significant portion of the new financing to invest in its construction company, Odebrecht Engenharia e Construção (OEC), one of the main revenue drivers of the Group and a leading reference for excellence in Brazilian engineering.

The OEC will receive resources to immediately pay, within the cure period of 30 days after maturity, the amounts owed on international bonds. The R$ 2.6 billion will be evenly divided between Itaú and Bradesco and released in two phases: one, immediately, for R$ 1.7 billion; the other for R$ 900 million. The agreement also involved Banco do Brasil, Santander, and BNDES, as it was backed by the appreciation of Braskem shares used as collateral for previous loans with these institutions.

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Odebrecht Job Openings and Projects

Odebrecht is currently offering some opportunities for its INTERNSHIP PROGRAM 2018 with about 30 openings available. In the construction sector, it has won two this year: The construction of the BRT in Belém, which was budgeted at 525 million reais, and the works of the Port Center of São Mateus in Espírito Santo, with two thousand five hundred confirmed openings.

Odebrecht Resolves Its Debts and Invests in Construction Growth

With a Loan of R$ 2.6 Billion That Odebrecht Secured from 4 Banks, the Company Claims Promising Projects

Odebrecht Job Openings and Projects

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