<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/10/20251023_2345_Ambipar-Financial-Crisis_simple_compose_01k894ebsrfmgsweq46hsm8zfb.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/10/20251023_2345_Ambipar-Financial-Crisis_simple_compose_01k894ebsrfmgsweq46hsm8zfb.png"/></p>
<p>Ambipar Emergency Response（纽约证券交易所代码：AMBI）的股价在周四恢复交易后下跌了 31%，至 77 美分，此前因公司在本周早些时候申请破产而暂停交易两天。</p>
<p>在盘中交易中，该股在 48 美分（其 52 周低点）和 95 美分之间波动。</p>
<p>巴西废物管理公司 Ambipar Participações e Empreendimentos SA 的美国上市子公司于周一在德克萨斯州申请了第 11 章破产保护。</p>
<p>与此同时，其母公司在巴西法院申请了破产保护，理由是与一位前高管相关的财务交易存在不规范情况。</p>
<p>尽管申请了破产保护，Ambipar 表示在重组过程中其正常运营将继续进行。</p>
<p>然而，纽约证券交易所宣布计划开始退市程序，尽管公司有权对该决定提出上诉。</p>
<p>Ambipar Emergency Response 专注于危机管理和应急响应服务，包括环境、化学和生物事件。</p>
<h2>不规范的财务活动和日益增加的债务压力</h2>
<p>在首席财务官 João de Arruda 上个月辞职后，Ambipar 的财务危机加剧。</p>
<p>公司披露，在发现 Arruda 任职期间财务部门管理的掉期操作存在不规范情况后，申请破产保护变得必要。</p>
<p>根据文件，掉期合同从美国银行转移到德意志银行，并进行了后续修订，引入了投机性元素，这在内部审查中引发了警报。</p>
<p>德意志银行随后要求额外的贷款担保，促使其他债权人寻求提前还款。</p>
<p>Ambipar 在其巴西破产申请中声明总债务为 104.8 亿雷亚尔（19.4 亿美元）。</p>
<p>该公司还有大约 10.5 亿美元的绿色债券未偿还，分别在 2031 年和 2033 年到期。</p>
<p>纽约银行作为受托人，列出了与这些债券相关的约 3.28 亿美元的无担保索赔。</p>
<p>一个临时绿色债券持有人小组已聘请 Davis Polk &amp; Wardwell LLP 作为法律顾问，Houlihan Lokey 作为财务顾问。</p>
<p>与此同时，Ambipar 已聘请 FTI Consulting 进行法务会计审查。</p>
<h2>治理问题和更广泛的市场影响</h2>
<p>Ambipar 的崩溃加剧了近期市场上企业债务问题的系列，继 First Brands 和次级贷款机构 Tricolor 破产之后。</p>
<p>分析师表示，尽管这些案例看似个别，但投资者情绪依然脆弱。</p>
<p>摩根大通首席执行官 Jamie Dimon 警告称，信用市场可能会出现更多 “蟑螂”，暗指潜在的隐藏财务风险。</p>
<p>包括 Ambipar 在内的巴西公司由于国内利率高企而面临额外压力，中央银行在财政担忧加剧的情况下维持基准利率在 15%。</p>
<p>Ambipar 的股价年初至今已暴跌近 96%，并因治理问题于本月早些时候被剔除出所有 B3 股票指数。</p>
<p>瑞银的分析师表示，该公司通过 70 多项收购的快速扩张暴露了其资产负债表和内部控制的弱点。</p>
<p>截至 2023 年，Ambipar 的收入中 57% 来自巴西，25% 来自北美，15% 来自拉丁美洲，3% 来自欧洲。</p>
<p>该公司在管理日益复杂的业务方面的挣扎，使其面临恢复稳定和投资者信心的漫长道路。</p>
<p>关于 Ambipar Emergency Response 股价因破产申请暴跌 31% 的文章最早出现在 Invezz 上。</p>

AMBI

AMBIQ

<p>由于 Ambipar Emergency Response（纽约证券交易所代码：AMBI）申请第 11 章破产，股票在经过两天的交易暂停后下跌了 31%，至 77 美分。在盘中交易中，股价触及 52 周低点 48 美分。Ambipar 的财务问题源于掉期操作的不规范和不断上升的债务，总计达到 104.8 亿雷亚尔（19.4 亿美元）。该公司面临从纽约证券交易所退市的风险，而治理问题和高企的国内利率进一步加剧了其挑战。截至目前，股价已暴跌近 96%</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/10/20251023_2345_Ambipar-Financial-Crisis_simple_compose_01k894ebsrfmgsweq46hsm8zfb.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/10/20251023_2345_Ambipar-Financial-Crisis_simple_compose_01k894ebsrfmgsweq46hsm8zfb.png"/></p>
<p>Shares of Ambipar Emergency Response (NYSE American: AMBI) dropped 31% to 77 cents on Thursday after trading resumed, following a two-day halt triggered by the company’s bankruptcy filing earlier in the week.</p>
<div class="lb-trans"><p>Ambipar Emergency Response（纽约证券交易所代码：AMBI）的股价在周四恢复交易后下跌了 31%，至 77 美分，此前因公司在本周早些时候申请破产而暂停交易两天。</p>
</div><p>The stock fluctuated between a low of 48 cents — its 52-week low — and a high of 95 cents during intraday trading.</p>
<div class="lb-trans"><p>在盘中交易中，该股在 48 美分（其 52 周低点）和 95 美分之间波动。</p>
</div><p>The US-listed subsidiary of Brazilian waste management company Ambipar Participações e Empreendimentos SA filed for Chapter 11 bankruptcy protection in Texas on Monday.</p>
<div class="lb-trans"><p>巴西废物管理公司 Ambipar Participações e Empreendimentos SA 的美国上市子公司于周一在德克萨斯州申请了第 11 章破产保护。</p>
</div><p>Meanwhile, its parent company filed for insolvency protection in Brazil’s courts, citing irregularities in financial transactions linked to a former senior executive.</p>
<div class="lb-trans"><p>与此同时，其母公司在巴西法院申请了破产保护，理由是与一位前高管相关的财务交易存在不规范情况。</p>
</div><p>Despite the filings, Ambipar said that its normal operations will continue during the restructuring process.</p>
<div class="lb-trans"><p>尽管申请了破产保护，Ambipar 表示在重组过程中其正常运营将继续进行。</p>
</div><p>However, the NYSE American exchange announced plans to begin delisting proceedings, though the company retains the right to appeal the decision.</p>
<div class="lb-trans"><p>然而，纽约证券交易所宣布计划开始退市程序，尽管公司有权对该决定提出上诉。</p>
</div><p>Ambipar Emergency Response specializes in crisis management and emergency response services, including environmental, chemical, and biological incidents.</p>
<div class="lb-trans"><p>Ambipar Emergency Response 专注于危机管理和应急响应服务，包括环境、化学和生物事件。</p>
</div><h2>Irregular financial activity and rising debt pressures</h2>
<div class="lb-trans"><h2>不规范的财务活动和日益增加的债务压力</h2>
</div><p>Ambipar’s financial turmoil deepened following the resignation of Chief Financial Officer João de Arruda last month.</p>
<div class="lb-trans"><p>在首席财务官 João de Arruda 上个月辞职后，Ambipar 的财务危机加剧。</p>
</div><p>The company disclosed that its bankruptcy protection became necessary after uncovering irregularities in swap operations managed by the finance department under Arruda’s tenure.</p>
<div class="lb-trans"><p>公司披露，在发现 Arruda 任职期间财务部门管理的掉期操作存在不规范情况后，申请破产保护变得必要。</p>
</div><p>According to filings, swap contracts were transferred from Bank of America to Deutsche Bank, with later amendments that introduced speculative elements, a move that raised red flags during internal reviews.</p>
<div class="lb-trans"><p>根据文件，掉期合同从美国银行转移到德意志银行，并进行了后续修订，引入了投机性元素，这在内部审查中引发了警报。</p>
</div><p>Deutsche Bank subsequently requested additional loan guarantees, prompting other creditors to seek early repayment.</p>
<div class="lb-trans"><p>德意志银行随后要求额外的贷款担保，促使其他债权人寻求提前还款。</p>
</div><p>Ambipar declared total debt of 10.48 billion reais ($1.94 billion) in its Brazilian bankruptcy filing.</p>
<div class="lb-trans"><p>Ambipar 在其巴西破产申请中声明总债务为 104.8 亿雷亚尔（19.4 亿美元）。</p>
</div><p>The company also has roughly $1.05 billion in outstanding green bonds maturing in 2031 and 2033.</p>
<div class="lb-trans"><p>该公司还有大约 10.5 亿美元的绿色债券未偿还，分别在 2031 年和 2033 年到期。</p>
</div><p>The Bank of New York, acting as trustee, has listed unsecured claims of about $328 million related to those bonds.</p>
<div class="lb-trans"><p>纽约银行作为受托人，列出了与这些债券相关的约 3.28 亿美元的无担保索赔。</p>
</div><p>An ad hoc group of green bondholders has retained Davis Polk &amp; Wardwell LLP as legal counsel and Houlihan Lokey as financial advisor.</p>
<div class="lb-trans"><p>一个临时绿色债券持有人小组已聘请 Davis Polk &amp; Wardwell LLP 作为法律顾问，Houlihan Lokey 作为财务顾问。</p>
</div><p>Meanwhile, Ambipar has hired FTI Consulting to conduct a forensic accounting review.</p>
<div class="lb-trans"><p>与此同时，Ambipar 已聘请 FTI Consulting 进行法务会计审查。</p>
</div><h2>Governance issues and broader market impact</h2>
<div class="lb-trans"><h2>治理问题和更广泛的市场影响</h2>
</div><p>The collapse of Ambipar adds to a series of corporate debt troubles rattling markets in recent weeks, following bankruptcies at First Brands and Tricolor, a subprime lender.</p>
<div class="lb-trans"><p>Ambipar 的崩溃加剧了近期市场上企业债务问题的系列，继 First Brands 和次级贷款机构 Tricolor 破产之后。</p>
</div><p>Analysts say that while these cases appear idiosyncratic, investor sentiment remains fragile.</p>
<div class="lb-trans"><p>分析师表示，尽管这些案例看似个别，但投资者情绪依然脆弱。</p>
</div><p>JPMorgan CEO Jamie Dimon warned that more “cockroaches” could emerge in the credit markets, referencing potential hidden financial risks.</p>
<div class="lb-trans"><p>摩根大通首席执行官 Jamie Dimon 警告称，信用市场可能会出现更多 “蟑螂”，暗指潜在的隐藏财务风险。</p>
</div><p>Brazilian companies, including Ambipar, are under additional strain due to high domestic interest rates, with the central bank maintaining its benchmark rate at 15% amid rising fiscal concerns.</p>
<div class="lb-trans"><p>包括 Ambipar 在内的巴西公司由于国内利率高企而面临额外压力，中央银行在财政担忧加剧的情况下维持基准利率在 15%。</p>
</div><p>Ambipar’s shares have plunged nearly 96% year-to-date and were removed from all B3 stock indexes earlier this month due to governance concerns.</p>
<div class="lb-trans"><p>Ambipar 的股价年初至今已暴跌近 96%，并因治理问题于本月早些时候被剔除出所有 B3 股票指数。</p>
</div><p>Analysts at UBS said the company’s rapid expansion through over 70 acquisitions has exposed weaknesses in its balance sheet and internal controls.</p>
<div class="lb-trans"><p>瑞银的分析师表示，该公司通过 70 多项收购的快速扩张暴露了其资产负债表和内部控制的弱点。</p>
</div><p>As of 2023, Ambipar derived 57% of revenue from Brazil, 25% from North America, 15% from Latin America, and 3% from Europe.</p>
<div class="lb-trans"><p>截至 2023 年，Ambipar 的收入中 57% 来自巴西，25% 来自北美，15% 来自拉丁美洲，3% 来自欧洲。</p>
</div><p>The company’s struggle to manage its growing complexity now leaves it facing a long path to regain stability and investor confidence.</p>
<div class="lb-trans"><p>该公司在管理日益复杂的业务方面的挣扎，使其面临恢复稳定和投资者信心的漫长道路。</p>
</div><p>The post Ambipar Emergency Response shares plunge 31% after bankruptcy filing appeared first on Invezz</p>
<div class="lb-trans"><p>关于 Ambipar Emergency Response 股价因破产申请暴跌 31% 的文章最早出现在 Invezz 上。</p>
</div>

Ambipar Emergency Response 的股价在提交破产申请后暴跌 31%