Braskem Debt Talks Hit Snag, Boosting Odds of Emergency Order (opens original article in a new tab)

Braskem and IG4 Capital face challenges in securing creditor support for debt restructuring, with disagreements over treatment and collateral terms hindering progress and increasing the likelihood of an emergency order.

• Braskem and IG4 Capital face challenges in securing creditor support for debt restructuring
• Disagreements over treatment of creditors and collateral terms hinder progress
• Increased likelihood of an emergency order due to stalled negotiations