Sete Brasil gets debt relief as talks continue, sources say
July 01, 2015 at 23:09 PM EDT
SAO PAULO, July 2 (Reuters) - A group of five Brazilian banks will refinance about 11.5 billion reais ($3.6 billion) in loans for ailing Sete Brasil Participações SA for a further 45 days, in a bid to keep the oil rig maker afloat, two sources with direct knowledge of the matter said on Thursday.