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Prospect News home > News index > List of issuers B > Headlines for Braskem SA > News item
Published on 4/17/2012 in the Prospect News Emerging Markets Daily.

Brazil's Braskem gets board approval to issue debt securities

By Angela McDaniels

Tacoma, Wash., April 17 - Braskem SA's board of directors approved a proposal to issue debt securities in the international capital market, according to a 6-K filing with the Securities and Exchange Commission.

The debt securities would be issued by a subsidiary and guaranteed by the company.

The board of directors met Monday.

Braskem is a petrochemical company based in Sao Paulo, Brazil.


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