Braskem Shareholders Pull Funding Offer as Debt Talks Hit Snags
Talks between Brazil’s Braskem SA and its creditors regarding an out-of-court debt rework have soured, with shareholders taking a proposed capital injection off the table, according to people familiar with the matter.
Reported by Bloomberg. We will add other newspapers as they cover it.
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Braskem Shareholders Pull Funding Offer as Debt Talks Hit Snags
Talks between Brazil’s Braskem SA and its creditors regarding an out-of-court debt rework have soured, with shareholders taking a proposed capital injection off the table, according to people familiar with the matter.
