Braskem Debt Talks Hit Snag, Boosting Odds of Emergency Order
Braskem SA and its new controlling shareholder, IG4 Capital, are struggling to win support from enough creditors to move forward with an out-of-court restructuring proposal amid disagreements over uneven treatment...
By Giovanna Bellotti Azevedo, Rachel Gamarski · Bloomberg Markets
Braskem SA and its new controlling shareholder, IG4 Capital, are struggling to win support from enough creditors to move forward with an out-of-court restructuring proposal amid disagreements over uneven treatment and collaterals, according to people familiar with the matter.