Daily News: November 6, 2013

Bloomberg: OSX Bondholders Said to Hire AlixPartners

Bloomberg reported that bondholders of Eike Batista’s shipbuilder OSX Brasil SA (OSXB3) hired AlixPartners to advise on the possible restructuring of $500 million in bonds, according to two people with knowledge of the matter.

Bloomberg said further that AlixPartners will advise a group representing holders of OSX’s dollar-denominated notes due 2015, according to the sources, who asked not to be identified as the contract is private.

To read the entire Bloomberg story, click here.