🔴 Braskem is trading 5% down today after creditors rejected bond-exchange proposal

Braskem is trading at BRL 5.06, down -5.24%, after creditors rejected its bond-exchange proposal and continued pressing Petrobras for fresh capital.

• Second-quarter profit was US$664 million, with recurring EBITDA of US$1.04 billion; adjusted net debt reached US$9.43 billion.
• Negotiations face an August 24, 2026 protection deadline, keeping restructuring risk central to investor sentiment.