UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________

FORM 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or

15d-16 of the Securities Exchange Act of 1934

For the month of June 2020

Commission File Number:  1-15256

_____________________

OI S.A. – In Judicial Reorganization

(Exact Name as Specified in its Charter)

N/A

(Translation of registrant’s name into English)

Rua Humberto de Campos, No. 425, 8th floor – Leblon

22430-190 Rio de Janeiro, RJ
Federative Republic of Brazil

(Address of principal executive offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F:ýForm 40-F:  o

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)):

Yes:oNo:   ý

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)):

Yes:oNo:   ý

(Indicate by check mark whether the registrant by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) Yes:oNo:   ý

If “Yes” is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):

 

Oi S.A. – In Judicial Reorganization

Corporate Taxpayers’ Registry (CNPJ/ME) No. 76.535.764/0001-43

Board of Trade (NIRE) No. 33.3.0029520-8

Publicly-Held Company

NOTICE TO THE MARKET

Standard & Poor’s Rating Review

Oi S.A. - In Judicial Reorganization (“Oi” or the “Company”) hereby informs its shareholders and the market in general that the rating agency Standard & Poor’s (“S&P”) announced today the review of the credit rating attributed to the Company, reducing the issuer credit rating from “B-” to “CC” on a global scale and from “brBBB-” to “brCC” on a national scale, with negative outlook for both scales. The report indicates that the review results directly from the application of the agency's internal technical criterion on one of the conditions presented in the amendment to the Judicial Reorganization Plan filed before the Judicial Reorganization Court by the Company, according to the Material Fact disclosed on June 15, 2020, which provides for the possibility of prepayment, with application of discount, based on certain liquidity events defined in such amendment.

Rio de Janeiro, June 18, 2020.

Oi S.A. – In Judicial Reorganization

Camille Loyo Faria

Chief Financial Officer and Investor Relations Officer

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: June 19, 2020

OI S.A. – In Judicial Reorganization

By:  /s/ Camille Loyo Faria              

Name: Camille Loyo Faria

Title: Chief Financial and Investor Relations Officer