Report
Braskem's controlling shareholders reportedly finalizing counterproposal to $3 billion injection demand
Reuters, citing two people familiar with the matter, says the shareholders balked at lenders' demand for a $3 billion injection.
TLDR
Reuters reports, citing two people familiar with the matter, that Braskem's controlling shareholders are finalizing a counterproposal for the company's creditors. They balked at lenders' demands to inject $3 billion into the Brazilian petrochemical producer.
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