OGX Faces Looming Record Latin American Default

OGX Faces Looming Record Latin American Default  Play

Oct. 1 (Bloomberg) -- Bloomberg News’ Juan Pablo Spinetto reports that Eike Batista’s OGX Petroleo & Gas Participacoes will miss a $45 million bond payment, moving the company to the brink of the biggest corporate default in Latin America. He speaks on Bloomberg Television’s “Market Makers.”

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