Braskem Idesa, S.A.P.I. Takes Strategic Action Through Consensual Restructuring to Reduce Debt by Over US$920 Million

Braskem Idesa reached a consensual restructuring deal reducing senior debt from $2.5 billion to $1.6 billion, supported by a $476 million contribution from Braskem S.A. The company filed for Chapter 11 bankruptcy in the U.S. while ensuring uninterrupted operations.