CBD restructuring deadlines begin as court approval is published
Bitget2026/10/21 12:03- CBD's out-of-court restructuring plan confirmation was published on October 20, 2026, triggering implementation deadlines.
- Participating creditors have up to 30 calendar days from publication to provide New Money, subject to the plan's conditions precedent.
- Foreign-currency creditors electing to amend their original instruments have up to 30 calendar days from publication to complete amendments.
- New Series A Debentures and New Series B Debentures must be issued and delivered within 60 calendar days, subject to plan provisions.
- B3 will block affected securities, preventing trading or other transfers until their replacement by the New Debentures.
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