Braskem Taps $1 Billion Credit Facility Amid Debt Review

A worker at the Braskem petrochemical plant in Duque de Caxias, Brazil. — A worker at the Braskem petrochemical plant in Duque de Caxias, Brazil.
Photographer: Maria Magdalena Arrellaga/Bloomberg

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By Rachel Gamarski, Vinicius Andrade, and Giovanna Bellotti Azevedo

October 3, 2025 at 6:31 PM UTC

Updated on

October 4, 2025 at 2:12 PM UTC

Braskem SA, the Brazilian chemical giant, said it tapped the entirety of a $1 billion credit line amid an industry downturn and mounting investor concern.

Leia em português.