Braskem SA-A: Braskem files for precautionary injunctive relief to support talks with creditors

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Braskem SA-A: Braskem files for precautionary injunctive relief to support talks with creditors

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Braskem SA-A

Braskem files for precautionary injunctive

relief to support talks with creditors

Maintain Rating: UNDERPERFORM | PO: 7.50 BRL | Price: 7.64 BRL

Filing of precautionary injunctive relief 25 June 2026

This morning, Braskem filed a request for precautionary injunctive relief (tutela cautelar). Equity

The measures apply exclusively to financial creditors and aim to preserve a stable

Leonardo Marcondes >>

environment for the continuation of ongoing negotiations with creditors, seeking a Research Analyst

consensual solution for its capital structure, in line with its liquidity position and the Merrill Lynch (Brazil) leonardo.marcondes@bofa.com

current global petrochemical backdrop. The Board has also approved, if necessary, the

Caio Ribeiro >>

adoption and/or validation of potential protective measures abroad. Research Analyst

Merrill Lynch (Brazil)

Extrajudicial restructuring remains uncertain caio.ribeiro@bofa.com

Nicolas Barros >>

Following yesterday’s market closing, Valor Econômico newswire had already indicated Research Analyst

that such a filing could be formalized imminently. In addition, media reports in recent Merrill Lynch (Brazil) nicolas.barros@bofa.com

weeks have highlighted the possibility of this precautionary request. According to Valor,

the intent would be to secure creditor support for an out-of-court restructuring

(recuperação extrajudicial) after obtaining legal protection. However, this path remains

highly uncertain. Braskem needs support from at least 30% of creditors to initiate the Stock Data

process, gaining an additional three months to secure approval from holders of more Price (Common / ADR) 7.64 BRL / 2.88 USD