Finance

Braskem Creditors Shun Debt Plan, Push Owners to Inject Cash

Braskem SA’s bondholders are balking at a restructuring proposal presented by the petrochemical giant, increasing pressure on Petrobras to commit fresh capital into the business, according to people familiar with the matter.

BL Bloomberg MarketsUpdated 2h ago1 min read

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Braskem SA’s bondholders are balking at a restructuring proposal presented by the petrochemical giant, increasing pressure on Petrobras to commit fresh capital into the business, according to people familiar with the matter.