Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Braskem Optimistic on Talks With Creditors as Deadline Looms
Business & Finance

Braskem Optimistic on Talks With Creditors as Deadline Looms

Bloomberg Markets Friday 14 August 2026, 17:18 UTC By Mariana Durao and Gisele Fernandes 1 min read
Key Points

Braskem Optimistic on Talks With Creditors as Deadline Looms Braskem SA said negotiations with creditors are advancing as part of an effort to restructure the troubled petrochemicals producer’s finances. Sao Paulo-based Braskem is holding talks with two main creditor groups, one comprising large banks and financial institutions and the other bondholders, Chief Financial Officer Carlos Brandão said Friday. The company is racing to secure creditor backing for an out-of-court restructuring...

Braskem Optimistic on Talks With Creditors as Deadline Looms Braskem SA said negotiations with creditors are advancing as part of an effort to restructure the troubled petrochemicals producer’s finances. Sao Paulo-based Braskem is holding talks with two main creditor groups, one comprising large banks and financial institutions and the other bondholders, Chief Financial Officer Carlos Brandão said Friday. The company is racing to secure creditor backing for an out-of-court restructuring before an Aug. 24 deadline.
Braskem Optimistic on Talks With Creditors (ORG) Braskem SA (ORG) Sao Paulo (LOCATION) Braskem (ORG) Carlos Brandão (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

The Equity and Credit Disconnect Is Getting Really Big Again

The Equity and Credit Disconnect Is Getting Really Big Again Are stocks missing something? This article is for subscribers only. Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe.

Bloomberg Markets 9m ago

Lamborghini unveils Revuelto SV, its most powerful production car ever

Lamborghini on Friday launched the Revuelto SV, a limited-edition hybrid version of its V12 Revuelto that's the fastest and most powerful car ever built at its factory. The model is the latest in Lamborghini's storied "SV" line, which began 55 years ago with the Miura SV and has showcased lighter, more aerodynamic and more powerful versions of its flagship supercars. The new hybrid supercar gets an electrified boost to add to "the adrenaline and the emotions" of driving a Lambo, the car's...

CNBC 25m ago

Cathy Engelbert sure seemed to know what a woman was at her first WNBA press conference

For those hoping the WNBA would be able to end the week by giving us their official definition of a "woman," I've got some bad news for you. This cliffhanger is gonna keep you sweating through the weekend!That's right. Another day of silence out of the WNBA as the league struggles on what is apparently the hardest question in the history of time ...What is a woman?The league formed a task force late last week to tackle this problem, and, after days of deliberation, they still haven't come to...

Fox News 27m ago

Think interest rates are high now? These charts offers a different perspective.

Also in Weekend Reads: 10 remarkable housing markets, stock picks, and health-insurance battles.

MarketWatch 34m ago