Raizen Keeps Burning Cash, Sets Steeper Charge Amid Restructure
Brazilian sugar and fuels company Raizen SA reported a cash burn of 3.4 billion reais ($657 million) for the first three months of 2026 and roughly doubled its impairment charge...
By Dayanne Sousa, Ana Mano · Bloomberg Markets
Brazilian sugar and fuels company Raizen SA reported a cash burn of 3.4 billion reais ($657 million) for the first three months of 2026 and roughly doubled its impairment charge for the crop year, signaling continued challenges as it proceeds with its debt restructuring plan.