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Braskem buys back bonds with eyes on IG

Braskem Idesa, Braskem, ethane, Pemex, Veracruz, Mexico, LatAm, Brazil, 575
By Oliver West
21 Jun 2021

Braskem, the Brazilian petrochemicals company downgraded to junk last year, will use cash to repurchase over $230m of bonds as it reduces its debt ratio to regain investment grade status.

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By Oliver West
21 Jun 2021