Braskem halts R$1.2B debenture payments, cites court-backed out-of-court recovery
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Brazilian food group IMC reduced its third-quarter net loss to R$5.1 million from a larger loss a year earlier, while ending the quarter with net debt of R$180.4 million and leverage of 2.4x. The improvement signals continued operational recovery, but leverage remains elevated, leaving the company sensitive to interest rates and consumer demand.
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