Braskem said creditor talks have intensified but no agreement is in place, with a court-ordered enforcement shield set to expire in just three days. The looming deadline heightens refinancing/restructuring risk and raises the probability of creditor enforcement actions absent a near-term deal.
Braskem said creditor talks have intensified but no agreement is in place, with a court-ordered enforcement shield set to expire in just three days. The looming deadline heightens refinancing/restructuring risk and raises the probability of creditor enforcement actions absent a near-term deal.
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strongly negative
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