Oil, banks trip up European shares
LONDON, May 26 European shares slid in thin trade on Friday as shares in energy firms and banks dropped, ending a lacklustre week relatively little changed.
SAO PAULO, March 31 Odebrecht Óleo & Gás SA, the offshore oil drilling firm owned by Brazil's Odebrecht SA , said on Friday that it will make on April 7 an interest bond payment and that a relevant group of bondholders agreed to provide the Brazilian firm with temporary cash flow relief.
The interest payment on the company's 6.75 percent global note due in October 2022 was due on March 1. Odebrecht Óleo & Gas, which is commonly known as OOG, was making use of a so-called 30-day cure period that expired later in the day to settle the payment.
Reuters reported that the company had authorized the bond's trustee to make the payment earlier on Friday. (Reporting by Guillermo Parra-Bernal; Editing by Chizu Nomiyama)
* Autodis Group - Autodis Group will divest subsidiary AD Poland to Rhiag Group, a wholly owned subsidiary of LKQ Corporation
LONDON, May 26 Asian LNG spot prices fell this week due to a lack of significant new demand from the Middle East and others as supplies emerged from Papua New Guinea, Angola, Abu Dhabi and Russia.