Home
Storia in 1 fonti
Brazil's Braskem Moves to Skip Bond Payments as a New Owner Takes Control
Braskem, the Americas' largest petrochemical maker, is preparing an out-of-court restructuring and plans to skip July and August bond coupons as IG4 takes control and Petrobras steps back.
Raccontata da
riotimesonline.com
Timeline cronologica
- ·
A Buyout Firm Bids to Seize Control of Brazil's Raízen
IG4, the firm that just took control of Braskem, is now bidding for Raízen, offering to buy creditor debt and take over the sugar-and-ethanol giant.
- ·
Brazil's Braskem Moves to Skip Bond Payments as a New Owner Takes Control
Braskem, the Americas' largest petrochemical maker, is preparing an out-of-court restructuring and plans to skip July and August bond coupons as IG4 takes control and Petrobras…
- ·
Elliott Buys Into Braskem's Debt, Raising the Stakes in Its Rescue
Activist investor Elliott and SVP Global have bought into Braskem's debt, adding tough new players to the restructuring of the petrochemical maker.