Braskem agrees to out-of-court restructuring of $10.9B in debt (BAK:NYSE)
· seekingalpha.com
Braskem said it reached an agreement with its main creditors to rework ~$10.9B in unsecured debt in an out-of-court process, Bloomberg reported.
Braskem (BAK) down 6.7% in Monday's trading after saying it reached an agreement with its main creditors to rework ~$10.9B in unsecured debt in an out-of-court ...