Petrobras raises Braskem credit limit to BRL 2.35 billion from BRL 350 million
PBR•Suspension and default triggers
Petrobras can suspend the limit for shortfalls in receivables flows, with acceleration triggers including payment defaults or insolvency events at Braskem.
Collateral and funding conditions for the credit line
The package includes fiduciary collateral, including roughly BRL 1 billion per month of receivables routed to an escrow structure with a BRL 300 million minimum balance.
The credit line becomes effective once pledged accounts are set up with at least BRL 150 million on deposit.
Petrobras lifts Braskem credit limit under commitment agreement
Petrobras lifted Braskem’s commercial credit limit to BRL 2.35 billion from BRL 350 million under a commitment agreement signed Aug. 24, 2026.
The facility supports 30-day purchases of Petrobras-supplied feedstocks, with availability running through Dec. 31, 2026.
