Brazil’s Petrobras is weighing whether to grant improved payment terms to Braskem on some contracts as the petrochemical producer races against the clock to find a solution for its debt woes ahead of an August 24 deadline to avoid filing for bankruptcy protection, according to people familiar wit...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-17/petrobras-mulls-improving-braskem-credit-terms-amid-debt-talks)