Braskem Creditors, Shareholders Said to Move Closer to Agreement

Braskem’s creditors and shareholders are moving closer to a deal to rework some $11 billion of debt, according to people familiar to the matter.

By Mariana Durao, Cristiane Lucchesi and Giovanna Bellotti Azevedo · Bloomberg

Braskem’s creditors and shareholders are moving closer to a deal to rework some $11 billion of debt, according to people familiar to the matter.