OSX Brasil will take a 7% stake in sister company Oleo e Gas Participacoes after agreeing to convert $1.5 billion of debt into stock, a key step in helping the oil producer formerly known as OGX to exit bankruptcy. The debt stems from the termination of several contracts to lease oil production ships to Oleo e Gas, OSX said in a securities filing late on Wednesday. Both companies are controlled by tycoon Eike Batista's Grupo EBX (OD Oct.31'13).
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机译:在同意将15亿美元的债务转换为股票之后,OSX Brasil将持有其姊妹公司Oleo e Gas Participacoes 7%的股份,这是帮助这家石油生产商(以前称为OGX)退出破产的关键一步。 OSX在周三晚间提交给证券的文件中表示,债务是由于终止了向Oleo e Gas出租石油生产船的几份合同而产生的。两家公司均由大亨Eike Batista的Grupo EBX(2013年10月31日发行)控制。
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