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Braskem Restructuring Wins 39.6% Creditor Backing in Brazil

Rio Times

BusinessRio Times·Aug 25, 2026·1 min read

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…

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