Bloomberg News

Batista Gets Loan Proposals For OSX Capital Increase

March 15, 2012

(Corrects headline of story published March 14 to say Eike Batista received the proposals.)

Brazilian billionaire Eike Batista may increase the capital of his shipbuilder OSX Brasil SA (OSXB3) by $1 billion, the company said in a regulatory filing today.

Batista received proposals for two-year loans of as much as 1.8 billion reais from Itau BBA SA and Banco Bradesco SA (BBDC4), according to the filing.

To contact the reporter on this story: Adriana Brasileiro in Rio de Janeiro at

To contact the editor responsible for this story: Taís Fuoco at

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