Market Chatter: Braskem Nears Debt Restructuring Deal With Creditors, Shareholders
MT newswire2026/10/26 09:12Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:12 AM EDT, 10/26/2026 (MT Newswires) -- Braskem (BAK) creditors and shareholders are making progress on a deal to rework $11 billion of debt, Bloomberg reported Saturday, citing people familiar with the matter. Options under discussion include an equity offering and a concurrent debt-to-equity swap, with the proposed capital injection expected to total $4 billion to $5 billion, the report said. Braskem did not immediately reply to MT Newswires' request for comment. Shares of the company were down more than 24% in Monday premarket activity. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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