March 13, 2018 / 10:06 PM / 3 months ago

BRIEF-Board Of Brazilian Carrier Oi Says New Shares Will Be Issued At 7 Reais- Filing

March 13 (Reuters) - Oi Sa:

* BOARD OF BRAZILIAN CARRIER OI APPROVES CAPITAL RAISE OF AT LEAST 7.3 BILLION REAIS, UP TO 12.3 BILLION REAIS- FILING

* BOARD OF BRAZILIAN CARRIER OI SAYS NEW SHARES WILL BE ISSUED AT 7 REAIS- FILING

* BRAZILIAN CARRIER OI SAYS DILUTION OF CURRENT SHAREHOLDERS WITH CAPITAL RAISE MAY REACH UP TO 70 PERCENT- FILING Source text for Eikon: Further company coverage: (Reporting by Tatiana Bautzer)

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