Petrochemicals Giant Braskem Seeks Support to Start Out-of-Court Rework
Braskem SA is seeking backing from creditors to begin an out-of-court restructuring process ahead of debt payments scheduled for July, according to people familiar with the matter.
By Giovanna Bellotti Azevedo, Rachel Gamarski, Cristiane Lucchesi · Bloomberg Markets
Braskem SA is seeking backing from creditors to begin an out-of-court restructuring process ahead of debt payments scheduled for July, according to people familiar with the matter.