Aeris Files for Extrajudicial Reorganization Covering BRL 1.52 Billion in Claims
Bitget2026/11/04 03:08- Aeris filed for extrajudicial reorganization in São Paulo on November 3, 2026.
- The plan covers BRL 1.52 billion in non-current unsecured claims as of October 31, 2026, excluding tax and labor-related claims.
- Creditor support totals 42.18%; court approval requires backing from holders of more than half of covered claims within 90 days of filing.
- Revised payment terms will be negotiated with creditors for inclusion in an updated plan to be submitted for court approval.
- A stay of proceedings applies to covered claims from filing, while manufacturing operations and essential supply arrangements will continue normally.
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