# Tag: Braskem Idesa

- [Braskem’s Mexican unit files for Chapter 11 in U.S. with US$476 million parent-company support](https://brazilstockguide.com/insights/braskem-idesa-chapter-11-us-476-million-parent-support/) (2026-08-18): Prepackaged deal cuts senior debt to about US$1.6 billion and keeps Braskem in control as the Brazilian parent weighs options to restructure its own balance sheet.
- [Braskem margins jump on Middle East supply shock, but sales weaken](https://brazilstockguide.com/insights/braskem-margins-jump-on-middle-east-supply-shock-but-sales-weaken/) (2026-07-31): Petrochemical spreads nearly doubled in Brazil and Mexico, while lower volumes and liquidity measures at Braskem Idesa limited the operational gains.
- [Braskem Returns to Profit, But Leverage Jumps to 16.8x](https://brazilstockguide.com/insights/braskem-returns-to-profit-but-leverage-jumps-to-16-8x/) (2026-05-14): A R$1.4 billion first-quarter profit came from currency gains and tax relief, not a full operating turnaround. A R$5.1 billion cash drain keeps restructuring risk in focus.
- [Braskem Idesa Nears Bankruptcy Loan as Debt Crisis Moves Toward Court](https://brazilstockguide.com/insights/braskem-idesa-nears-bankruptcy-loan/) (2026-05-13): Mexican unit controlled by Braskem is close to a creditor-backed financing deal that could support a U.S. Chapter 11 process, Bloomberg reported.
- [Braskem Idesa Skips February Coupon, Escalates 2032 Bond Crisis](https://brazilstockguide.com/insights/braskem-idesa-skips-february-coupon-escalates-2032-bond-crisis/) (2026-02-20): Missed Feb. 20 interest on 6.990% notes deepens restructuring talks and heightens default risk at Mexican unit of Braskem.
- [Braskem lays bare creditor stalemate as Mexico unit’s finances unravel](https://brazilstockguide.com/insights/braskem-idesa-creditor-stalemate-restructuring/) (2026-01-12): Filing details US$2.3bn debt, negative cash from 2026 and formal rejection of bondholders’ counterproposal.
- [Braskem Idesa Enters Default After Missing Coupon on 2029 Notes](https://brazilstockguide.com/insights/braskem-idesa-default-missed-coupon-2029-bonds/) (2025-11-19): Interest-payment default intensifies restructuring talks for the project-finance JV that underpins Mexico’s polyethylene supply.
- [Braskem Says It Remains Focused on Resilience; S&P Cuts Rating to B+](https://brazilstockguide.com/insights/braskem-says-it-remains-focused-on-resilience-sp-cuts-rating-to-b/) (2025-09-19): Company seeks to mitigate petrochemical downturn as S&P flags high leverage and weak liquidity.
- [Braskem hires bank to review options for its Mexico unit](https://brazilstockguide.com/insights/braskem-hires-bank-to-review-options-for-its-mexico-unit/) (2025-09-08): Petrochemical seeks to preserve Braskem Idesa’s liquidity amid rising costs and weaker demand.