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Brazil’s Braskem Files For Extrajudicial Recovery On US$10.9 Billion Debt

Rio Times

BusinessRio Times·Aug 24, 2026·1 min read

Brazil’s Braskem Files For Extrajudicial Recovery On US$10.9 Billion Debt

Braskem, a major Brazilian petrochemical company, has filed for extrajudicial recovery to restructure roughly US$10.9 billion in financial debt. The process is separate from its Mexican unit's Chapter 11 case and does not yet involve asset…

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