- Braskem’s troubles have led to a significant decline in its bond value, with a majority of its bonds trading at about 37 cents on the dollar and yields on some notes surging to 33%.
- Petrobras is monitoring talks involving Novonor, Braskem’s co-owner, and potential bidders, as Novonor seeks to divest its stake in Braskem as part of a long-running restructuring process.
In Other News:
European pension funds and ...
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