Reuters
06 Jun 2026, 13:57 UTC · 2h ago
Brazil's Raizen secures creditor support for $12.5 billion debt deal

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Reuters
06 Jun 2026, 13:57 UTC · 2h ago

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Raizen has secured creditor and bondholder backing for an out-of-court restructuring of approximately 65 billion reais ($12.57 billion). — Securing creditor support for the largest restructuring in Brazil's history significantly reduces immediate default risk and provides a path toward solvency.
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The company successfully secured creditor backing for a massive debt restructuring, reducing immediate default risk.
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