Braskem says no decision yet on possible debt restructuring as creditor talks intensify

Braskem says it has not made a decision yet on a possible debt restructuring as talks with creditors intensify, and that no final terms have been decided.

• Discussions with financial creditors remained ongoing, with non-binding proposals under review that include potential capitalization and asset pledges as collateral.
• The company cited a media report on a planned out-of-court restructuring filing targeting USD 10.3 billion of debt, without confirming it.