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Braskem Eyes Out-of-Court Restructuring as Early as This Month, Sources ...
Summary by diarioestrategia.cl
Braskem's creditors continue to pressure Brazilian state oil company Petrobras to make an injection of capital that prevents petrochemicals from having to resort to the oil industry.
Braskem’s creditors continue to pressure Brazilian state oil company Petrobras to make an injection of capital to prevent petrochemicals from having to resort to the courts to save themselves from bankruptcy. According to sources consulted by ‘Bloomberg’, bondholders such as Elliott Investment Management or Contrarian Capital Management would be in favour of this option, although Petrobras would be suspicious as he does not want to have to take …
Braskem's creditors continue to pressure Brazilian state oil company Petrobras to make an injection of capital to prevent petrochemicals from having to resort to the courts to save themselves from bankruptcy.