PBR is limiting potential funding for Braskem as the petrochemical producer restructures debt, preserving capital for exploration and growth.
(Updates with Braskem's response in the fourth paragraph.) Petrobras' (PBR) head of industrial pr
(Updates to add Braskem's comment in the fourth paragraph) Braskem's (BAK) creditors are seeking
Braskem SA (BAK) creditors are demanding that controlling shareholders Petrobras (PBR) and IG4 Capital Group inject $3B in fresh equity into the troubled Brazilian petrochemical producer, according to a report by Bloomberg.
Braskem (BAK) shares fell over 15% on Wednesday after UBS downgraded the stock to sell from neutral
Braskem downgraded to Sell with a $1.50 ADR price target at BMO, which cited persistent headwinds from spreads and restructuring.
Braskem (BAK) said Wednesday that its subsidiary Voqen Energia amended a natural gas supply agreemen
Detailed price information for Braskem S.A. ADR (BAK-N) from The Globe and Mail including charting and trades.
Braskem (BAK) has filed a petition for extrajudicial reorganization covering about $10.9 billion of
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) said in a filing Thursday that discussions with creditors over a potential restructuri
Detailed price information for Braskem S.A. ADR (BAK-N) from The Globe and Mail including charting and trades.
Tipranks Press Release.
Braskem Idesa, S.A.P.I. (together with its subsidiaries, "Braskem Idesa" or the "Company") today announced that it has reached a comprehensive consensual restructuring agreement with all of its major stakeholders, including its shareholders — Braskem S.A., Braskem Netherlands B.V. (collectively, "Braskem"), and Grupo Idesa S.A. de C.V. ("Idesa") — its term loan lender, and a substantial majority of its noteholders, including members of an ad hoc noteholder group. This consensual financial soluti
State-controlled oil giant Petrobras has tightened conditions on the naphtha it supplies Braskem as the company's financial situation deteriorated in the past few years, the people said,...
Braskem (NYSE:BAK) reported recurring EBITDA of $1.043 billion for the second quarter of 2026, supported by wider international petrochemical spreads following supply disruptions linked to the Middle East conflict. The company said the improvement was tactical rather than evidence of a structural re
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