A Petrobras SA executive who sits on Braskem SA’s board says he expects the Brazilian petrochemicals producer will be able to reach a deal with creditors to restructure some $11 billion of debt and avoid a bankruptcy filing.
A Petrobras SA executive who sits on Braskem SA’s board says he expects the Brazilian petrochemicals producer will be able to reach a deal with creditors to restructure some $11 billion of debt and avoid a bankruptcy filing.
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Bloomberg — Markets (EN)