Braskem Creditors, Shareholders Edge Closer to $11 Billion Debt Rework

Name: Braskem Creditors, Shareholders Edge Closer to $11 Billion Debt Rework
Uploaded: 2026-10-25T13:02:31.211935+00:00
Description: Braskem's creditors and shareholders are reportedly nearing a deal to restructure about $11 billion in debt, but the company says terms remain unsettled and a bondholder has filed for Chapter 11 against a U.S. unit.

Braskem's creditors and shareholders are reportedly nearing a deal to restructure about $11 billion in debt, but the company says terms remain unsettled and a bondholder has filed for Chapter 11 against a U.S. unit.

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