Restructured Oi bonds set to leap despite coupon confusion

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Restructured Oi bonds set to leap despite coupon confusion

Oi, Brazil, telecoms
A man passes in front of a OI cell phone operator banner in Brasilia, Brazil, July 23, 2012. Begins to run the suspension of selling new mobile phone lines, imposed by the National Telecommunications Agency (Anatel) to three major operators in the country: Claro, Oi and TIM. Photo: Joedson Alves/dpa/ef | Joedson Alves/DPA/PA Images

The new dollar bonds Brazilian company Oi will issue as part of its restructuring look very attractive, according to credit analysts, as the telecoms giant prepares to emerge from its mammoth R$65bn ($17.6bn) debt do-over.

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