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A logo of Raizen is seen in Sao Paulo, Brazil August 20, 2025. REUTERS/Amanda Perobelli
A logo of Raizen is seen in Sao Paulo, Brazil August 20, 2025. REUTERS/Amanda Perobelli
Home » News » Business & Economy » Bank creditors for Brazil's Raizen make restructuring proposal, Bloomberg reports
Business & Economy

Bank creditors for Brazil's Raizen make restructuring proposal, Bloomberg reports

by Reuters

April 19 (Reuters) – Brazilian fuel and sugar giant Raizen’s bank creditors have presented the company with a new restructuring proposal, Bloomberg News reported on Sunday. 

As part of the plan, creditors are proposing that 30% of the proceeds from the sale of Argentine assets be used to pay down debt, the Bloomberg report said, citing people familiar with the matter. 

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Reuters could not immediately verify the report. 

(Reporting by Chandni Shah in Bengaluru; Editing by Will Dunham)

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