Brazilian Raízen Secures Support for Record $12.6bn Debt Restructuring as Shell Backs Turnaround Effort
FILE PHOTO: A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. REUTERS/Marcos Brindicci Brazilian sugar and ethanol giant Raízen has cleared a critical hurdle in its effort to stabilize its finances after securing enough creditor support to proceed with a massive 65 billion reais ($12.57 billion) out-of-court…

