Raízen Mulls Debt Haircut Among Options as Controller Talks Drag
Talks on how to address mounting financial pressures at Raízen SA have intensified in the last few days as investors dump its bonds on growing concern that its two main...
By Rachel Gamarski, Cristiane Lucchesi, Giovanna Bellotti Azevedo · Bloomberg Markets
Talks on how to address mounting financial pressures at Raízen SA have intensified in the last few days as investors dump its bonds on growing concern that its two main shareholders, Cosan SA and Shell Plc, won’t cover an almost $4 billion shortfall.