Offshore Bondholders Emerge as Main Backers of Braskem’s Rework
International bondholders emerged as the main backers of Braskem’s $11 billion debt rework, which gave the petrochemicals giant another 90 days to hammer out a plan to balance its finances.
By Rachel Gamarski, Giovanna Bellotti Azevedo and Matheus Piovesana · Bloomberg Markets
International bondholders emerged as the main backers of Braskem’s $11 billion debt rework, which gave the petrochemicals giant another 90 days to hammer out a plan to balance its finances.