November 23, 2024

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The resolution of the impasse with the construction company Odebrecht has been postponed until 2022

The resolution of the impasse with the construction company Odebrecht has been postponed until 2022

Construtora Odebrecht has again postponed a creditors’ meeting that might formalize the overall settlement (or reduction) of debts related to the fund that runs Corinthians’ stadium, Neo Química Arena, in Itaquera.

the rudder He could see the minutes of the last meeting of Odebrecht’s creditors. The document states that “With the suspension of the government debtor assistance committees Odebrecht Participações e Investimentos SA – (‘OPI’) and Odebrecht Participações e Engenharia SA (‘OPE’), the judicial official informed that they will be appealed by default, using the ‘Clickmeeting platform,’ on 27 January 2022 for OPE and on February 17, 2022 for OPI.”

In the case of Corinthians Stadium, the offload to the company is linked to OPI (Odebrecht Participações e Investimentos SA). Therefore, as mentioned above, The meeting concerning the Alvenegro Club will only take place in mid-February 2022.

The fund that manages the Neo Química Arena has outstanding amounts of loans/bonds, however, the company is considering withdrawing the amounts from the final account as it sees a possible default. Corinthians’ board of directors is awaiting a decision from Odebrecht’s creditors meeting in February to confirm debt reduction or even a discharge.

Timely: The loan repayment agreement with Caixa Econômica Federal, which has nothing to do with this definitive agreement with Construtora Odebrecht, has not yet been signed by Corinthians or the Bank. know more here.

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New Comica Arena and the Corinthians Board of Directors.

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