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Braskem Shares Rise 10.8% After Petrobras Increases Credit Facility to R$2.35 Billion

Summary by ts2.tech
SÃO PAULO, August 28, 2026, 05:30 (BRT) — Braskem shares climbed 10.8% following news that Petrobras has expanded a credit line for the company to R$2.35 billion. Braskem's U.S. ADR ended trading at $1.64, rising 10.8%, with 8.04 million shares exchanged. Petrobras raised Braskem’s supplier-credit limit to R$2.35 billion. The cap increased from R$350 million…

4 Articles

GloboGlobo
Lean Right

Business Agenda: Oncoclinics Provides up to 80% Discount on Debt; Petrobras Expands Credit for Braskem

·Rio de Janeiro, Brazil
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ts2.techts2.tech

Braskem Shares Rise 10.8% After Petrobras Increases Credit Facility to R$2.35 Billion

SÃO PAULO, August 28, 2026, 05:30 (BRT) — Braskem shares climbed 10.8% following news that Petrobras has expanded a credit line for the company to R$2.35 billion. Braskem's U.S. ADR ended trading at $1.64, rising 10.8%, with 8.04 million shares exchanged. Petrobras raised Braskem’s supplier-credit limit to R$2.35 billion. The cap increased from R$350 million…

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latinfinance.comlatinfinance.com

Braskem buoyed by oil supply deal - LatinFinance

Shares in the struggling Brazilian petchems firm jump 20% following the agreement with one of its top shareholders, Petrobras

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CNN BrasilCNN Brasil

Petrobras and Braskem Increase Credit Limit to R$ 2.35 Bi

Contract involves payment of raw materials within 30 days and is valid until the end of 2026, with maintenance of the effects until the maturity of the invoices issued

·São Paulo, Brazil
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CNN Brasil broke the news in São Paulo, Brazil on Thursday, August 27, 2026.
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