Economy
Braskem and creditors seek $11 billion restructuring deal by Wednesday
Negotiations involve a $4 billion recapitalization aimed at avoiding formal bankruptcy proceedings before the November 22 deadline.
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The essentials of this story
- What happened
- Negotiations for out-of-court debt restructuring and recapitalization of Braskem.
- Who is affected
- Shareholders, creditors, and the petrochemical company Braskem.
- What changes
- Creditors and shareholders are seeking to finalize new terms for a $4 billion capitalization deal by Wednesday, November 11, 2026, to avoid bankruptcy.
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Sources
- Braskem quer concluir negociações com credores até 4ª-feira, dizem fontes — InfoMoney
- Exclusivo: Credores da Braskem devem enviar nova proposta até quarta-feira, dizem fontes — Valor Econômico
- Braskem quer concluir negociações com credores até quarta-feira (11), diz agência — Folha de S.Paulo — em cima da hora
- Braskem quer concluir negociações com credores até quarta-feira (11), diz agência — UOL — notícias