Brazil’s Raizen SA is preparing to present creditors with a final restructuring proposal as soon as Wednesday, a key step in the struggling sugar and ethanol producer’s months-long push to clinch an out-of-court debt overhaul.
Raizen to Submit Plan to Creditors for $13 Billion Debt Overhaul
Brazil’s Raizen SA is preparing to present creditors with a final restructuring proposal as soon as Wednesday, a key step in the struggling sugar and ethanol producer’s months-long push to clinch an out-of-court debt overhaul.
This article was originally published by
Bloomberg Markets
and is republished here under license.
Leave a Reply