1. Braskem S.A. seeks financial advice for capital structure optimization. 2. Milbank LLP will host a call for unsecured bondholders. 3. The call addresses implications for unsecured creditors of Braskem. 4. Milbank's expertise includes Brazilian restructurings and local business. 5. Market reactions may be influenced by debt restructuring developments.
Engagement in restructuring indicates financial distress, which typically negatively impacts stock prices.
The restructuring signals potential financial instability, directly impacting investor confidence and stock performance.
Urgent financial evaluations suggest imminent impacts on market sentiment and stock stability.
NEW YORK, Sept. 29, 2025 /PRNewswire/ -- Milbank LLP has been analyzing recent developments implicating unsecured creditors of Braskem S.A., including the company's announcement that it has engaged financial and legal advisors to support the company in evaluating economic and financial alternatives to optimize its capital structure. Given its extensive familiarity with Braskem's bank and bond financings, capital structure, and industry, as well as its substantial experience in Brazilian restructurings and local presence in São Paulo, Milbank will be hosting a call on Monday, September 29, 2025 at 12 p.m. EST with holders of unsecured bonds issued by subsidiaries of Braskem S.A. and guaranteed by Braskem S.A. (NYSE:BAK, B3:BRKM3, BRKM5, BRKM6, LATIBEX:XBRK)) to discuss recent events and implications for unsecured creditors.
If you are interested in attending the call or would like more information, please email braskem@milbank.com as soon as possible and include your holdings of Braskem's unsecured bonds, by issuance. Individual holdings will be kept confidential by Milbank and will not be disclosed.
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SOURCE Milbank LLP