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3 results for “Braskem debt restructuring

PROMarketsAug 21

Braskem Faces August 24 Deadline on Debt Stay as $10.3 Billion Restructuring Looms

Latin America’s largest petrochemical giant, Braskem, is scrambling for a deal before a court-ordered debt stay expires, forcing a decision on a massive restructuring.

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.