Shareholders, Lenders Press for Solution to Raízen’s Debt Woes
Raízen SA, Brazil’s struggling sugar and ethanol company, is stepping up efforts to shore up its balance sheet, with shareholder talks gaining urgency after the company’s dollar bonds tumbled.
By Rachel Gamarski, Giovanna Bellotti Azevedo, Dayanne Sousa, Cristiane Lucchesi · Bloomberg Markets
Raízen SA, Brazil’s struggling sugar and ethanol company, is stepping up efforts to shore up its balance sheet, with shareholder talks gaining urgency after the company’s dollar bonds tumbled.