Brazil's Rio Alto Works With Debt Restructuring Advisers
Brazilian renewable energy company Rio Alto Energias Renovaveis SA is working with financial advisory firm Laplace Finanças and law firm Felsberg Advogados as debt restructuring advisers, according to people familiar with the matter.
Laplace and Felsberg have been helping Rio Alto negotiate with its creditors to reach an agreement as the company seeks to avoid filing for bankruptcy protection, the people said, asking not to be named because the discussions are private.
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