Raízen debt restructuring plan approved

Timeline

1. 2 days ago

   [BUSINESS] 12 sources

   Raízen's $61.4 bn Debt Recovery Plan Approved by São Paulo Court

   São Paulo Court approved Raízen's R$ 61.4 bn debt recovery plan, with 81.6 % creditor support, a R$ 3.5‑4 bn capital boost from Shell and Aguassanta, and equity conversion of 45 % of debt.

2. 10 days ago

   [BUSINESS] 2 sources

   Raízen sells Caarapó sugar mill to Adecoagro for $760 million

   Raízen sold its Caarapó sugar mill to Adecoagro for R$ 760 million, aiming to reduce debt amid a recovery plan; S&P rates Adecoagro BB‑ with stable outlook, expecting modest leverage rise.

3. about 1 month ago

   [BUSINESS] 3 sources

   Raízen reports R$27 billion loss as it moves toward extrajudicial recovery approval

   Raízen posted a R$27.1 billion loss for FY 2025/26, citing asset impairments, while fuel‑distribution EBITDA rose 35%; the CEO says the company is confident ahead of a September approval of its extrajudicial re

4. about 1 month ago

   [BUSINESS] 2 sources

   Raízen's debt restructuring advances with 45% conversion and $3.5bn Shell investment

   Raízen’s recovery is on track: 45% of its R$ 65 bn debt will be converted to equity, Shell adds R$ 3.5 bn, and the firm will split its sugar‑ethanol and fuel‑distribution units.

5. about 1 month ago

   [BUSINESS] 5 sources

   Raízen debt restructuring draws bids from IG4 and four asset managers

   Raízen’s R$ 65 bn debt plan swaps 45% of liabilities for shares, giving creditors 80% ownership. IG4 and four asset managers vie to purchase the debt and gain equity control ahead of the March 2027 deadline.

6. about 2 months ago

   [BUSINESS] 3 sources

   IG4 Capital seeks controlling stake in Brazil's Raízen through debt purchase

   IG4 Capital aims to buy a majority of Raízen's debt to secure control after a R$65 bn restructuring, after recently taking over Braskem.

7. about 2 months ago

   [BUSINESS] 3 sources

   Raízen secures extrajudicial debt restructuring for R$64.7 bn

   Raízen filed an extrajudicial recovery plan in São Paulo, securing 75.45% creditor support for R$64.7 bn of debt and outlining equity swaps, a R$3.5 bn Shell capital boost and further refinancing.

8. about 2 months ago

   [BUSINESS] 8 sources

   Raízen secures 75% creditor backing for historic R$65bn recovery plan

   Raízen secured over 75% creditor approval for its R$64‑65 bn extrajudicial recovery, converting 45% of debt to equity, backed by a R$3.5 bn Shell injection and a planned split into two units by 2027.

9. about 2 months ago

   [BUSINESS] 2 sources

   Raízen sells Argentine downstream assets to Mercuria for $1.42 bn

   Raízen is selling its Argentine downstream fuel assets to Mercuria for $1.42 bn (≈R$7.2 bn); proceeds will bolster its capital base and the deal awaits regulatory clearance.

10. about 2 months ago

    [BUSINESS] 2 sources

    Raízen moves to renegotiate $25 bn tax disputes while preparing $7 bn Argentine asset sale

    Raízen seeks to renegotiate R$ 25 bn in tax disputes as part of its R$ 65 bn debt restructuring and is near a R$ 7 bn sale of its Argentine assets to raise cash.

11. 2 months ago

    [BUSINESS] 3 sources

    Raízen's recovery plan moves ahead as Ometto's R$500 M capital push fades

    Raízen seeks a June restructuring plan as Ometto's R$500 M funding may fall short, prompting Cosan’s stake dilution and a R$3.5 B Shell injection.

12. 2 months ago

    [BUSINESS] 2 sources

    Raízen seeks debt restructuring approval without foreign bondholder support

    Raízen aims to approve a debt restructuring by June 8 using support from Brazilian banks and bondholders, despite offshore bondholders’ opposition; the plan would convert 45% of debt to equity, giving creditors