Braskem to redeem perps with Brazil in pre-election sleep

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Braskem to redeem perps with Brazil in pre-election sleep

Brazil, Fernando Haddad, elections, LatAm
September 17, 2018 - Sao Paulo, Sao Paulo, Brazil - FERNANDO HADDAD, candidate for president of Brazil by workers' party is interviewed by journalists from Folha de Sao Paulo and UOL to speak of his government plan. (Credit Image: © Paulo Lopes/ZUMA Wire) | Paulo Lopes/Zuma Press/PA Images

Any bond market activity from Brazilian issuers before October’s elections will be focused on liability management, said DCM bankers after Braskem announced it would be redeeming some of its perpetual notes.

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