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3 results for “Raízen restructuring”
PROMarkets• Aug 11
Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow
Moody's Local Brasil cut the rating for Brazilian conglomerate Cosan (CSAN3) to A+.br, reflecting the credit deterioration of its subsidiary Raízen.
PROMarkets• Jul 31
São Paulo Court Approves Raízen's R$65 Billion Restructuring; Creditors to Convert Debt to Equity at Premium
Brazil's largest-ever extrajudicial recovery plan for Raízen was approved, converting R$65.14B in debt to equity, ending uncertainty for RAIZ4 and CSAN3.
PROPolitics• Jul 07
Extrajudicial Restructurings Surge in Brazil Under Selic Pressure
High interest rates drive a wave of out-of-court debt renegotiations in Brazil, led by Raízen's landmark R$ 65.1 billion restructuring.