Braskem is trading at BRL 5.33, up +5.75%, after Braskem Idesa announced a consensual restructuring and U.S. Chapter 11 filing on August 18, 2026.
- The plan would reduce senior debt from approximately US$2.5 billion to US$1.6 billion.
- It includes US$476 million in Braskem funding.
- The move likely reflects restructuring relief, despite Braskemβs restricted-default concerns and ongoing creditor negotiations.