Finance

Braskem Idesa, Creditors Near Deal for Bankruptcy Loan

Workers at a Braskem Idesa plant in Coatzacoalcos, Mexico. — Workers at a Braskem Idesa plant in Coatzacoalcos, Mexico.
Photographer: Susana Gonzalez/Bloomberg

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By Giovanna Bellotti Azevedo and Irene Garcia Perez

May 13, 2026 at 3:18 PM UTC

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Mexico’s Braskem Idesa SAPI and its creditors are nearing an agreement for a loan of around $250 million as part of a Chapter 11 bankruptcy filing, according to people familiar with the matter.