Braskem Creditors Balk at Restructuring Plan as Deadline Looms

Braskem Creditors Balk at Restructuring Plan as Deadline Looms

Braskem’s creditors shunned another restructuring proposal made by the company and its shareholders ahead of a key Oct. 9 deadline for a deal to rework some $11 billion of debt, people familiar with the matter said.

Braskem’s creditors shunned another restructuring proposal made by the company and its shareholders ahead of a key Oct. 9 deadline for a deal to rework some $11 billion of debt, people familiar with the matter said.
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Bloomberg — Markets (EN)




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