Raízen Proposes Creditors Take Large Equity Stake in Restructure

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Bloomberg Markets 5 days ago • bloomberg.com

Raízen Proposes Creditors Take Large Equity Stake in Restructure

Brazil’s Raízen SA has presented creditors with details of its plan to restructure $12.6 billion of debt, which includes a grace period of at least five years and would see them take over a large equity stake and have mo…

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