Braskem (BRKM3, BRKM5, BRKM6) reported in a statement this Monday, August 17, 2026, that rating agency Fitch Ratings has revised the company’s global credit rating to RD, due to the non-payment of certain financial obligations after the end of the contractually stipulated cure period, as disclosed in the quarterly information for June 30, 2026.
The company recalled that, as per the Material Facts dated June 25 and 26, 2026, in the context of a Precautionary Urgent Relief action filed by Braskem and certain subsidiaries, the court of the 2nd Bankruptcy and Judicial Reorganization Court of São Paulo granted a request to suspend all executions and liens by creditors invited to participate in the mediation process that was initiated, for a period of 60 days, including the aforementioned financial obligations.
Braskem also stated that it remains committed to continuing discussions with its financial creditors in search of a consensual, structural and orderly solution for its capital structure, with the aim of ensuring the continuity of operations in the normal course of business.
