Itajobi Group renegotiating $730M of debt to avoid Chapter 11
In Brazil, Visao Agro reports the Itajobi group, owner of the Itajobi, Carolo and Rio Pardo sugarcane mills, began a negotiation process to restructure a liability of R$ 3.76 billion before resorting, eventually, to judicial recovery. The company established a request for business mediation before the Judicial Center for Conflict Resolution and Citizenship (Cejusc) of […]
