Braskem Idesa, Creditors Near Deal for Bankruptcy Loan

Mexico’s Braskem Idesa SAPI and its creditors are nearing an agreement for a loan of around $250 million as part of a Chapter 11 bankruptcy filing, according to people familiar...

By Giovanna Bellotti Azevedo, Irene Garcia Perez · Bloomberg Markets

Mexico’s Braskem Idesa SAPI and its creditors are nearing an agreement for a loan of around $250 million as part of a Chapter 11 bankruptcy filing, according to people familiar with the matter.