The Master Bank is seeking a new R$12 billion credit line from the Credit Guarantee Fund (FGC) in order to continue its operations as it works…
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Braskem incurs a loss of R $ 1.45 billion and credit rating agencies reduce the petrochemical company’s grade.
Braskem petrochemistry faced financial challenges due to industry downturn and environmental disaster, but now even its strong financial reserves are being depleted. Moody’s and Fitch downgraded…