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Brazil’s Raizen reaches deal for $12.6 billion debt restructuring

SAO PAULO, March 11 (Reuters) - Brazilian sugar and ethanol producer Raizen said on Wednesday it has reached an out-of-court debt restructuring agreement with creditors and bondholders covering about 65.1 billion reais ($12.61 billion) in obligations. Raizen, a joint venture between Shell and Brazilian conglomerate... Read More.