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3 results for “brazil braskem”
PROMarkets• 3h ago
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.
PROMarkets• Aug 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.
Investing• Aug 18
Braskem Idesa Files Pre-Packaged Chapter 11, Forcing $476 Million Cash Call on Stressed Brazilian Parent
Brazilian petrochemical giant Braskem must inject $476M into its Mexican unit, Braskem Idesa, which filed for Chapter 11 to cut $920M in debt.