JusticeNotableReported
5.5
Poland introduces restructuring satisfaction test to protect creditors
RzeczpospolitaLO·PL·2 days ago
Braskem's controlling shareholders are preparing a counterproposal to creditors' demand for a $3 billion capital injection, which they deem excessive relative to the company's market value. Negotiations are ongoing, with a counterproposal being finalized. The outcome will determine Braskem's financial restructuring path and could impact its creditworthiness and equity value.