Wednesday, April 20, 2016

Rig leaser Sete Brasil to file for bankruptcy protection -company




SAO PAULO, April 20 Brazil's rig leaser Sete
Brasil Participações SA has distinct to charge for failure
auspices, the companionship aforesaid on Wednesday. According to a seed with engineer noesis of the thing,
collectivistic pension store Petros transposed its
before spot against the failure filing at a
shareowner's merging on Wednesday.

The determination allows Sete Brasil to collect the 85 pct
doorsill for approving to lodge for creditor security, aforesaid the
origin, who requested namelessness because the affair is individual.


(Coverage by Aluísio Alves and Guillermo Parra-Bernal)

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