Braskem (NYSE: BAK) starts court-backed mediation with financial creditors
Rhea-AI Filing Summary
Braskem S.A. has started a formal process to renegotiate its debt with financial creditors. The company and certain subsidiaries initiated a mediation proceeding before the Wind Mediation Chamber and filed for Precautionary Injunctive Relief in a São Paulo bankruptcy and judicial reorganization court to support a consensual, structural and orderly solution for its capital structure, aligned with its liquidity position and global petrochemical industry conditions. Braskem states that these measures are strictly financial and do not affect obligations to suppliers, customers and other stakeholders, which continue to be honored in the ordinary course. The Board has also approved, if needed, the adoption or validation of protective measures abroad.
Positive
- None.
Negative
- Initiation of financial restructuring measures – Braskem and certain subsidiaries have entered mediation with financial creditors and sought Precautionary Injunctive Relief in court to pursue a structural solution for its capital structure, signaling elevated balance-sheet and liquidity pressure.
Insights
Braskem enters court-backed mediation to renegotiate financial debt while maintaining operations.
Braskem is using Brazil’s restructuring framework to create a stable environment for talks with its financial creditors. Mediation and Precautionary Injunctive Relief aim at a consensual, structural and orderly solution for its capital structure, tied to its liquidity and industry conditions.
The company emphasizes that measures are limited to financial obligations and exclude suppliers, customers and other stakeholders, whose contracts continue in the ordinary course. This distinction suggests a focus on balance-sheet restructuring rather than disruption of day-to-day operations.
The Board has also authorized potential protective measures abroad, indicating the cross-border nature of Braskem’s financing. Subsequent company communications may detail any concrete restructuring terms, creditor agreements or foreign-court actions stemming from this process.
Key Terms
mediation proceeding financial
Precautionary Injunctive Relief regulatory
financial creditors financial
capital structure financial
forward-looking statements regulatory
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13A-16
OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2026
(Commission File No. 1-14862 )
BRASKEM S.A.
(Exact Name as Specified in its Charter)
N/A
(Translation of registrant's name into English)
Rua Eteno, 1561, Polo Petroquimico de Camacari
Camacari, Bahia - CEP 42810-000 Brazil
(Address of principal executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
Indicate by check mark if the registrant is
submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
Indicate by check mark if the registrant is
submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
Indicate by check mark whether the
registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ______ No ___X___
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____.
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BRASKEM S.A.
Corporate Taxpayer ID (C.N.P.J.) No. 42.150.391/0001-70
State Registration (NIRE) 29300006939
Publicly-held company
MATERIAL FACT
Braskem S.A. ("Braskem" or "Company") (Ticker B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), further to the Material Fact disclosed on September 26, 2025, hereby informs its shareholders and the market in general that the Company and certain of its subsidiaries have initiated a mediation proceeding before the Wind Mediation Chamber (Câmara Wind de Mediação) ("Mediation") and have filed a request for Precautionary Injunctive Relief (Tutela de Urgência Cautelar) before the 2nd Bankruptcy and Judicial Reorganization Court of the Judicial District of the Capital of the State of São Paulo (2ª Vara de Falências e Recuperações Judiciais da Comarca da Capital do Estado de São Paulo) ("PTU"), pursuant to paragraph 1 of Article 20-B of Law No. 11,101/05, as approved by the Company's Board of Directors ("Board").
The measures involve only the Company's financial creditors and have been filed with the purpose of preserving a stable environment for the continuity of the negotiations currently underway exclusively with such creditors in pursuit of a consensual, structural, and orderly solution for its capital structure, aligned with the Company's liquidity position and the conditions of the global petrochemical industry ("Restructuring"). The Board has also approved, if and when necessary, the adoption and/or validation of any protective measures abroad.
Braskem clarifies and reiterates that the Mediation and the PTU have a limited scope, strictly financial in nature, and do not encompass any obligations of the Company with its suppliers, customers, and other stakeholders, which remain in full force and effect and continue to be performed in the ordinary course, pursuant to the terms of the respective agreements.
The Company will keep the market informed of any material developments on this matter, in compliance with applicable laws and regulations.
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Additional information may be obtained from the Investor Relations Department by telephone at +55 (11) 3576-9531 or by e-mail at braskem-ri@braskem.com.br.
São Paulo, June 25, 2026
Carlos Augusto Machado Pereira de Almeida Brandão
Chief Financial and Investor Relations Officer
Braskem S.A.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: June 25, 2026
| BRASKEM S.A. | |||
| By: | /s/ Carlos Augusto Machado Pereira de Almeida Brandão | ||
| Name: | Carlos Augusto Machado Pereira de Almeida Brandão | ||
| Title: | Chief Financial Officer | ||
FORWARD-LOOKING STATEMENTS
This Material Fact may contain forward-looking statements. These statements are not historical facts, but rather are based on the current view and estimates of the Company's management regarding future economic and other circumstances, industry conditions, financial performance and results, including any potential or projected impact regarding the geological event in Alagoas and related legal procedures on the Company's business, financial condition and operating results. The words "project," "believe," "estimate," "expect," "plan", "objective" and other similar expressions, when referring to the Company, are used to identify forward-looking statements. Statements related to the possible outcome of legal and administrative proceedings, implementation of operational and financing strategies and investment plans, guidance on future operations, the objective of expanding its efforts to achieve the sustainable macro objectives disclosed by the Company, as well as factors or trends that affect the financial condition, liquidity or operating results of the Company are examples of forward-looking statements. Such statements reflect the current views of the Company's management and are subject to various risks and uncertainties, many of which are beyond the Company's control. There is no guarantee that the events, trends or expected results will actually occur. The statements are based on various assumptions and factors, including, but not limited to, general economic and market conditions, industry conditions and operating factors, availability, development and financial access to new technologies. Any change in these assumptions or factors, including the projected impact from the joint venture and its development of technologies, from the geological event in Alagoas and related legal procedures and the unprecedented impact on businesses, employees, service providers, shareholders, investors and other stakeholders of the Company could cause effective results to differ significantly from current expectations. For a comprehensive description of the risks and other factors that could impact any forward-looking statements in this document, especially the factors discussed in the sections, see the reports filed with the Brazilian Securities and Exchange Commission (CVM). This Material Fact does not constitute any offer of securities for sale in Brazil. No securities may be offered or sold in Brazil without being registered or exempted from registration, and any public offer of securities carried out in Brazil must be made through a prospectus, which would be made available by Braskem and contain detailed information on Braskem and its management, as well as its financial statements.