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BRIEF-Fitch says with few companies exiting bankruptcy, Brazil sugar & ethanol faces few options
June 2, 2017 / 10:07 PM / 5 months ago

BRIEF-Fitch says with few companies exiting bankruptcy, Brazil sugar & ethanol faces few options

June 2 (Reuters) -

* Fitch says with only 5 pct of corporates exiting bankruptcy protection, Brazil’s sugar, ethanol industry faces ongoing difficulties without recovery alternatives

* Fitch says further defaults, bankruptcies in sugar sector very likely as ongoing sugar price recovery not anticipated to solve sector’s financial problems Source text for Eikon:

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