
Raízen At A Crossroads: How Brazil’s Biofuels Champion Landed In A High-Debt Squeeze
Raízen, the sugar, ethanol and fuels group controlled by Cosan and Shell, is trying to convince investors it has time to fix its balance sheet before the bill for years of expansion fully comes due. A blunt assessment from UBS BB sharpened the stakes: to look like its sturdier peers, Raízen may need roughly R$20–R$25 […]