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Business / General

Raizen Keeps Burning Cash, Sets Steeper Charge Amid Restructure

Source: bloombergMarkets June 29, 2026 · 15:29
Brazilian sugar and fuels company Raizen SA reported a cash burn of 3.4 billion reais ($657 million) for the first three months of 2026 and roughly doubled its impairment charge for the crop year, signaling continued challenges as it proceeds with its debt restructuring plan.
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