Commodities

Shareholders, Lenders Press for Solution to Raízen’s Debt Woes

A Raizen SA ethanol processing facility in Piracicaba, Sao Paulo state, Brazil.
Photographer: Victor Moriyama/Bloomberg

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By Rachel Gamarski, Giovanna Bellotti Azevedo, Dayanne Sousa, and Cristiane Lucchesi

December 19, 2025 at 4:31 PM UTC

Raízen SA, Brazil’s struggling sugar and ethanol company, is stepping up efforts to shore up its balance sheet, with shareholder talks gaining urgency after the company’s dollar bonds tumbled.

Leia em português.