Braskem Idesa Misses Interest Payment on $900 Million Notes Amid Restructuring Talks
Braskem Idesa S.A.P.I., a subsidiary of Braskem S.A., missed its scheduled interest payment on $900 million Senior Secured Notes due 2029. The company is in discussions with bondholders to restructure its capital and maintain operations. Braskem will provide updates on developments. This information, generated by Public Technologies using AI, is for informational purposes and not financial advice. The original content was published by Braskem SA via the U.S. SEC's EDGAR system.
Braskem S.A. announced that its subsidiary, Braskem Idesa S.A.P.I., has not made the scheduled interest payment due on November 18th for its Senior Secured Notes due 2029, which have an outstanding principal of $900 million. The company stated that Braskem Idesa remains in discussions with an ad-hoc group of bondholders to achieve a sustainable capital structure and preserve its operations. Braskem will continue to provide updates on any relevant developments. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braskem SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-25-004050), on November 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
