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3 results for “BRKM5

Braskem Local Debt Plummets to 30% of Face Value Amid Impasse
PROMarketsJul 17

Braskem Local Debt Plummets to 30% of Face Value Amid Impasse

Braskem's local debentures and CRAs fell to 30% of face value as negotiations stall over a R$ 50 billion debt restructuring.

Braskem Local Debt Plummets to 30% of Face Value on Restructuring Impasse
PROMarketsJul 16

Braskem Local Debt Plummets to 30% of Face Value on Restructuring Impasse

Braskem's local debentures and CRAs fell to 30% of face value as negotiations stall over a R$ 50 billion debt restructuring, signaling dilution risks.

Braskem Debt Ratings Cut to Default Following Court Ruling
MarketsJul 16

Braskem Debt Ratings Cut to Default Following Court Ruling

S&P and Fitch downgraded Braskem to default levels after a São Paulo court suspended its debt payments, warning secondary market bondholders of restructuring risks.