Business · Companies · 1 day ago

Carbon Group seeks to renegotiate R$371.5 million in debt

Carbon Group seeks to renegotiate R$371.5 million in debt

Carbon Group is trying to renegotiate R$371.5 million in debt with its creditors.

It says it borrowed to expand, but the investments took longer than expected to pay off.

Nearly half of the debt claims have already joined its plan, and the company has asked to stay in its properties while the process continues.

The outcome could affect hundreds of creditors and the group’s ability to keep operating.

Sources

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