Oncoclínicas secures ~70% creditor backing for extrajudicial recovery plan

Oncoclínicas has obtained adhesion from about 70% of creditors for its extrajudicial recovery plan, a threshold that enables approval. The plan aims to extend payment terms and reduce debt discounts on R$5.1 billion. This marks a significant step in the company's financial restructuring, though final terms and creditor composition remain undisclosed.