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Braskem BAK

Braskem agrees to extend reorganization deadlines

Foreign issuer report

Form
6-K
Filed
Importance
Routine
  1. Creditors and Braskem extended deadlines for extrajudicial reorganization
  2. Petrobras may contribute capital and convert debt to equity this year
  3. Plan includes 39.6% of unsecured creditors' participation
  4. Negotiations for updated plan due within 90 days

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

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