Raizen Seals Brazils Biggest-Ever Out-of-Court Debt Deal

The Rio Times

Raizen Seals Brazils Biggest-Ever Out-of-Court Debt Deal

BRAZIL · MARKETS Key Facts —The deal: Raízen secured the backing of creditors holding about 75% of the debt in its restructuring plan. —The size: The plan covers roughly R$65bn ($12.6bn), making it the largest out-of-court restructuring in Brazil’s history. —The backers: The agreement brings together 19 financial institutions and around 80 major bondholders. —The […] The post Raizen Seals Brazils Biggest-Ever Out-of-Court Debt Deal appeared first on The Rio Times .

Go to News Site

Google Play

App Store