Petrobras Executive Says Braskem to Reach Deal With Creditors
Source: Bloomberg ·
A Petrobras SA executive who sits on Braskem SA’s board says he expects the Brazilian petrochemicals producer will be able to reach a deal with creditors to restructure some $11 billion of debt and avoid a bankruptcy filing.
BestAIBroker analysis
Finance-aware sentiment: positive (+0.40 on a -1 to +1 scale).