Braskem rated “RD” by Fitch after missed debt payment beyond grace period

Reuters2026/08/18 00:59

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Braskem disclosed Fitch Ratings cut its global credit rating to RD due to missed payments on certain financial obligations.
The downgrade followed expiry of contractual cure periods, as referenced in the company’s June 30, 2026 quarterly disclosures.
A São Paulo court granted a 60-day suspension of enforcement actions for creditors invited to a company-led mediation process.
Talks with financial creditors continue, targeting a consensual solution to restructure the capital structure while keeping operations running normally.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braskem SA published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Braskem rated “RD” by Fitch after missed debt payment beyond grace period

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