Petrochemical company began investor meetings

10/07/2024

Braskem has commenced a series of investor meetings on Monday to issue 10-year debt securities abroad. The company is also launching a buyback program for bonds issued in 2020 that are set to mature in 2081.

This issuance represents the longest-term debt for the company. The offering is being coordinated by Citi, Itaú BBA, Morgan Stanley, Santander, and SMBC Nikko, with Bank of America, BNP Paribas, Credit Agricole, Deutsche Bank, and Mizuho also participating.

*By Rita Azevedo, Valor — São Paulo

Source: Valor International

https://valorinternational.globo.com/