Braskem Shareholders Pull Funding Offer as Debt Talks Hit Snags
Talks between Brazil’s Braskem SA and its creditors regarding an out-of-court debt rework have soured, with shareholders taking a proposed capital injection off the table, according to people familiar with...
By Mariana Durao and Giovanna Bellotti Azevedo · Bloomberg Markets
Talks between Brazil’s Braskem SA and its creditors regarding an out-of-court debt rework have soured, with shareholders taking a proposed capital injection off the table, according to people familiar with the matter.