Raízen, Creditors Near Deal for Out-of-Court Debt Rework
Brazilian sugar and ethanol producer Raízen SA is close to reaching an agreement with its main creditors to start an out-of-court debt restructuring, according to people familiar with the matter.
By Rachel Gamarski, Giovanna Bellotti Azevedo, Cristiane Lucchesi · Bloomberg Markets
Brazilian sugar and ethanol producer Raízen SA is close to reaching an agreement with its main creditors to start an out-of-court debt restructuring, according to people familiar with the matter.