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LATEST

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Emerging Markets

Braskem Restructuring Wins 39.6% Creditor Backing in Brazil

The Rio Times · 1h ago · 🇧🇷 Brazil

Braskem Restructuring Wins 39.6% Creditor Backing in Brazil

Braskem filed an out-of-court restructuring in Brazil on 24 August 2026, covering about US$10.9 billion in unsecured debt. Creditors holding over one-third of the debt support the plan, while Petrobras negotiates a separate US$456 million credit line. The post Braskem Restructuring Wins 39.6% Creditor Backing in Brazil appeared first on The Rio Times .

Read the full story at The Rio Times →

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