Brazilian companies across mining, agribusiness, and pharma sectors are increasingly pursuing out-of-court debt restructuring due to high interest rates, led by sugar-ethanol giant Raizen's $12.5 bill
Brazilian sugar and fuels giant Raizen reported a 3.4 billion reais cash burn and doubled impairment charges amid a historic debt restructuring plan. The company plans to split into fuel distribution
Brazil's Raizen secured creditor backing for a $12.5 billion debt restructuring after cash flow issues impacted its sugar and ethanol operations. The plan converts 45% of debt into equity, with Shell
Brazilian sugar and ethanol producer Raizen plans to meet debt holders to deliberate on a restructuring plan including a $699 million Shell investment and debt-to-equity conversion. Creditors are curr
Brazilian fuel and sugar producer Raizen submitted an alternative 65-billion-real debt restructuring proposal to creditors, seeking up to 5 billion reais in fresh capital. The move addresses financial
Raízen SA's bank creditors proposed a new restructuring plan involving asset sales and leadership changes to manage the bioenergy firm's 65 billion-real debt. The move aims to avoid bankruptcy while n
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