Raízen Adds Cash in Offer to Creditors, Balks at Board Changes
Raízen SA sent an alternative proposal to creditors as it tries to iron out terms of a 65 billion-real ($13…
Tag: Raizen
Raízen Bondholders Seek $1.6 Billion Injection, Chairman Change
Raízen SA bondholders have presented the Brazilian company with a new restructuring proposal, which includes a capital injection of around…
Raízen Mulls Out-of Court Restructuring as Holders Pledge Cash
Troubled Brazilian sugar and ethanol producer Raízen SA said it could go into an out-of-court restructuring process as it looks…
Shell to Invest 3.5 Billion Reais in Raízen, Brazil CEO Says
Shell Plc is committed to inject 3.5 billion reais ($666 million) in Brazilian ethanol producer Raízen SA, a joint venture…
Raízen Creditors Ask Shareholders for Meaningful Money Injection
Bondholders and bank creditors from struggling sugar and ethanol producer Raízen SA sent letters to its major shareholders, Cosan SA…
Raizen Bondholders Form Creditor Committee, Hire Legal Adviser
Holders of Brazilian ethanol and sugar producer Raizen SA’s global bonds have formed a creditor committee and retained legal counsel,…
Mercuria, Vitol Are Among Bidders for Raizen Argentina Refinery
Energy trading giants Mercuria Energy Group and Vitol Group are among finalists for a refinery and hundreds of gas stations…