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5 results for “braskem debt restructuring”
Braskem Debt Restructuring Stalls as Petrobras and IG4 Resist $3 Billion Capital Injection
Petrochemical giant Braskem's $11 billion debt rework faces high risk of collapse as controlling shareholders refuse to fund a creditor-demanded equity injection.
São Paulo Prosecutor Seeks to Block Braskem's $800 Million Payment in Debt Restructuring
Brazil's largest petrochemical company faces new judicial hurdles after a prosecutor recommended suspending new financing in its $11B debt rework.
Braskem Faces August 24 Deadline on Debt Stay as $10.3 Billion Restructuring Looms
Latin America’s largest petrochemical giant, Braskem, is scrambling for a deal before a court-ordered debt stay expires, forcing a decision on a massive restructuring.
Braskem Local Debt Plummets to 30% of Face Value Amid Impasse
Braskem's local debentures and CRAs fell to 30% of face value as negotiations stall over a R$ 50 billion debt restructuring.
Braskem Local Debt Plummets to 30% of Face Value on Restructuring Impasse
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.