Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Elliott, SVP Buy Braskem Debt Amid Restructuring Talks
Business & Finance

Elliott, SVP Buy Braskem Debt Amid Restructuring Talks

Elliott, SVP Buy Braskem Debt Amid Restructuring Talks
Bloomberg Markets Thursday 18 June 2026, 22:57 UTC By Rachel Gamarski, Giovanna Bellotti Azevedo, Irene Garcia Perez, Reshmi Basu 1 min read
Key Points

Elliott, SVP Buy Braskem Debt Amid Restructuring Talks Elliott Investment Management LP and SVP Global have recently bought debt of Braskem SA, the Brazilian petrochemical producer rushing to get creditors to agree to a restructuring plan, according to people familiar with the matter. The firms purchased portions of Braskem’s revolving credit facility, or RCF, from existing lenders while Elliott has also accumulated holdings in some of the company’s international bonds, the people said,...

Elliott, SVP Buy Braskem Debt Amid Restructuring Talks Elliott Investment Management LP and SVP Global have recently bought debt of Braskem SA, the Brazilian petrochemical producer rushing to get creditors to agree to a restructuring plan, according to people familiar with the matter. The firms purchased portions of Braskem’s revolving credit facility, or RCF, from existing lenders while Elliott has also accumulated holdings in some of the company’s international bonds, the people said, asking not to be identified discussing private transactions.
Elliott (PERSON) Elliott Investment Management LP (ORG) SVP Global (ORG) Braskem SA (ORG) Brazilian (ORG) Braskem (LOCATION) RCF (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Trump claims Iran deal is 'unconditional surrender,' says his power has 'no limits': Axios

U.S. President Donald Trump asserted that he has unlimited power and insisted the deal reached with Iran amounts to "unconditional surrender" by Tehran, in an interview with Axios. The U.S. and Iran signed the agreement on Thursday, after three and a half months of conflict that shut the Strait of Hormuz and rattled global energy markets. Trump said he negotiated the agreement to prevent the conflict from triggering a global economic depression, speaking in the interview Thursday evening...

CNBC 19m ago

BOJ to continue raising rates with eye on inflation risk, deputy governor says

BOJ to continue raising rates with eye on inflation risk, deputy governor says TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will continue to raise interest rates with an eye on the risk of underlying inflation overshooting its 2 per cent target. "There is a risk underlying inflation may deviate upward from our target," Himino told parliament while explaining why the BOJ decided to raise its policy rate to 1 per cent on Tuesday. When asked about...

Channel News Asia 20m ago

Luigi Mangione’s lawyers withdraw psychiatric defense in CEO murder trial

Luigi Mangione’s lawyers withdraw psychiatric defense in CEO murder trial The decision comes a day after Mangione’s team said they intended to argue that he was suffering from extreme emotional disturbance - Bookmark In a reversal, Luigi Mangione’s lawyers told a judge Thursday that he will no longer pursue a psychiatric defense in his state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. The decision came just a day after his legal team said they intended to argue that...

The Independent World 31m ago

Japan core inflation holds steady in May, matching expectations despite energy price concerns

Japan's core inflation rate held steady at 1.4% in May, matching expectations and suggesting that underlying price pressures remained contained despite concerns that higher energy costs could push inflation higher. The inflation figure — which excludes prices of fresh food — was in line with the 1.4% expected by economists polled by Reuters and unchanged from April. Headline inflation edged up to 1.5% from 1.4% a month earlier, while the so called "core-core" inflation rate, which strips out...

CNBC 46m ago