Story thread · 2 reports / 2 sources

Braskem Weighs an Out-of-Court Restructuring as an August Deadline Nears

riotimesonline.com · 2hShare

Braskem, Brazil's largest petrochemical company, is preparing to restructure more than US$10 billion of debt out of court and could file as soon as this month, Reuters reports, ahead of a 24 August 2026 deadline. Creditors, including the fund Elliott, are pressing shareholder Petrobras to inject fresh capital before they agree to a deal. The post Braskem Weighs an Out-of-Court Restructuring as an August Deadline Nears appeared first on The Rio Times .

First report: Braskem Creditors Seek Petrobras Capital as Deal Deadline Looms — bloomberg.com, 2d