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Macro Finance

Braskem Creditors Balk at Restructuring Plan as Deadline Looms

Bloomberg Markets·October 7, 2026·1 min read

Braskem's creditors shunned another restructuring proposal made by the company and its shareholders ahead of a key Oct. 9 deadline for a deal to rework some $11 billion of debt, people familiar with the matter said. The rejection raises the risk of a default or forced restructuring as the deadline approaches.

Read at Bloomberg Markets
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