Raízen's Creditors Seek Advisory Amid Debt Challenges

A group of bank creditors to Raízen is engaging FTI Consulting as an adviser due to the Brazilian sugar and ethanol producer's struggles with its debt obligations. Bloomberg posted on X, highlighting the financial difficulties faced by Raízen, which have prompted creditors to seek external advice. The move comes as the company grapples with significant financial pressures, impacting its operations and financial stability. The creditors aim to navigate the complex situation and explore potential solutions to address the mounting debt issues. Raízen, a major player in the sugar and ethanol industry, is experiencing challenges that have raised concerns among its financial partners. The decision to hire FTI Consulting reflects the urgency of the situation and the need for expert guidance in managing the financial crisis. The creditors are focused on finding viable strategies to support Raízen's recovery and ensure the sustainability of its business operations.