Edoardo Cignoli : OGX to Offer Debt-Restructuring Plan

OGX, the flagship oil company controlled by Brazilian businessman Eike Batista, plans to present a proposal to restructure its debts in two weeks' time, in which bonds would be swapped for shares.



via WSJ.com: US Business http://online.wsj.com/article/SB10001424127887324009304579042612094718096.html?mod=pls_whats_news_us_business_f