Braskem creditors reportedly demand $3 billion capital injection
Bloomberg reports that creditors want Braskem’s controlling holders to provide fresh capital amid talks to rework roughly $11 billion in debt, citing people familiar with the matter.
TLDR
Braskem’s creditors are demanding that its controlling holders inject $3 billion in fresh capital, Bloomberg reports, citing people familiar with the matter. Bloomberg describes the demand as a sign of growing tensions in negotiations to rework roughly $11 billion in debt.
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