Braskem BAK

Braskem faces Chapter 11 petition

Foreign issuer report

Form
6-K
Filed
Importance
Major
  1. FFI Fund Ltd., FYI Ltd., and Olifant Fund Ltd. filed Chapter 11 petition against Braskem America Finance
  2. Petitioning Creditors hold 47% of 2041 Notes, valued at $272 million
  3. America Finance's debt is $589 million in 2041 Notes, no other subsidiaries involved

Written from the 6-K on EDGAR. Check the filing before you rely on it.

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