Braskem raises Petrobras commercial credit limit to BRL 2.35 billion from BRL 350 million
Reuters2026/08/27 01:51Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Braskem raised its commercial credit limit with related party Petrobras to BRL 2.35 billion from BRL 350 million for feedstock purchases.
- The arrangement runs through Dec. 31, 2026, with invoices issued during the term covered through their maturities.
- Collateral includes monthly assignment of about BRL 1 billion of customer receivables, an escrow account with at least BRL 300 million retained, and CIDE tax credits.
- The higher limit becomes effective once linked accounts are set up with a minimum BRL 150 million balance; Petrobras can suspend it if receivables targets are missed.
- The transaction date was Aug. 24, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braskem SA published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Analyst to XRP Holders: The Next Move Could Be Explosive If This Wall Holds
TimesTabloid•2026/09/12 18:00
Bitcoin’s 24% Rally Hit a Wall: CryptoQuant Reveals What Comes Next
Cryptopotato•2026/09/12 16:12
HDFC Bank names Jimmy Tata executive director, subject to RBI approval
Reuters•2026/09/12 15:32
Cosan held shareholder meeting, backed Radar II spinoff plan
Reuters•2026/09/12 15:12
Crypto prices
MoreBitcoin
BTC
$77,166.08
-0.42%
Ethereum
ETH
$2,525.09
-1.51%
Tether USDt
USDT
$0.9997
-0.00%
BNB
BNB
$730.82
+0.40%
XRP
XRP
$1.37
-0.11%
USDC
USDC
$0.9998
+0.01%
Solana
SOL
$102.03
+0.05%
TRON
TRX
$0.3400
+1.00%
Hyperliquid
HYPE
$80.66
-1.23%
Zcash
ZEC
$1,138.06
-3.20%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now