Brazil’s Braskem Said to Plan Court Protection Against Creditors
Braskem SA, Brazil’s largest petrochemical company, is considering seeking protection in local courts against its creditors, according to people involved…
Tag: Braskem
Braskem Makes Interest Payment on Pandemic-Era Hybrid Bonds
Brazilian petrochemical giant Braskem SA paid interest due Friday on its so-called hybrid bonds, according to people familiar with the…
Braskem Pulls From $1 Billion Credit Facility Amid Debt Review
Braskem SA, the Brazilian chemical giant, tapped the entirety of a $1 billion credit line amid an industry downturn and…
Creditors of Brazil’s Braskem Race to Organize Amid Bond Slump
Braskem SA bondholders are rushing to form a group after the Brazilian petrochemical company hired advisers to review its capital…
Braskem sale negotiations with Tanure fund persist despite end of exclusivity window
SAO PAULO (Reuters) -Talks for Brazilian firm Novonor, formerly Odebrecht, to sell a controlling stake in petrochemical company Braskem to…
Ratings Firms Say Braskem Is Burning Through Its Last Support
Throughout a years-long industry downturn and the spiraling cost of an environmental disaster, petrochemical company Braskem SA has had one…
Braskem S.A. (BAK): A Bull Case Theory
We came across a bullish thesis on Braskem S.A. on Lasse’s Substack by Lasse. In this article, we will summarize the bulls’…
Exclusive-Brazilian businessman Tanure courts banks after hatching Braskem bid with Novonor
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian businessman Nelson Tanure has begun talks with the banks that will be key…