Macro Finance
Braskem Reaches Deal on $11 Billion Out-of-Court Debt Rework
Bloomberg Markets·August 24, 2026·1 min read
Braskem SA reached an agreement with its main creditors to rework almost $11 billion of debt in an out-of-court process. The Brazilian company is the latest to restructure after falling behind on obligations. The deal aims to address its financial difficulties without formal bankruptcy proceedings, marking a significant step in stabilizing its balance sheet.
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