Batista Gives Up OGX Control in $5.8B Debt Deal

Dec. 26 (Bloomberg) -- The Brazilian oil company controlled by one-time billionaire Eike Batista reached an agreement with creditors to convert debt of about $5.8 billion into a 90 percent stake in the company, two months after defaulting in Latin America’s biggest-ever corporate debt debacle. Alix Steel reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Englander Likes Pound on U.K. Economy, 'Hawkish' BOE
48:34 - Steven Englander, global head of Group-of-10 currency strategy at Citigroup Inc., talks about the Greek debt crisis, currency markets and investment strategy. He speaks with Tom Keene and Brendan Greeley on Bloomberg Television's "Surveillance." (Source: Bloomberg)
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