Braskem (BRKM3, BRKM5, BRKM6) reported on November 11, 2026 that it did not pay, on November 9, 2026, the amortization and remuneratory interest on the debentures (debt securities) of its 18th issuance, in the total amount of R$ 1.2 billion. According to the company, the non-payment is supported by the suspension of the enforceability of the claims subject to the out-of-court restructuring request, as ordered by the courts. The explanation was sent in response to a letter from B3, which flagged the asset's default.
The debentures were issued on November 9, 2022 and are split into two series, BRKMA8 and BRKMB8. They are part of the unsecured (unguaranteed) financial obligations covered by the out-of-court restructuring request, filed by Braskem and certain subsidiaries, as stated in the Material Fact of August 24, 2026.
On August 27, 2026, the 2nd Bankruptcy and Judicial Reorganization Court of São Paulo approved the processing of the request. The decision upheld for 120 days, after deducting the 60 days of the prior precautionary relief, the suspension of enforcement actions against the petitioners, of the statute of limitations on the obligations, of lawsuits related to the covered claims, including bankruptcy petitions, and of asset attachment orders.
Braskem reaffirmed its commitment to a consensual and orderly solution for its capital structure, with operations continuing in the normal course of business. The document does not provide a new date for the payment of the debentures.
Is BRKM5 worth investing in?
- Price
- R$ 2.92
- as of 11/10/2026
- Dividend yield
- 0.00 %
- P/L
- N/A
- P/VPA
- N/A
