Braskem credit rating revised to CC by Fitch Ratings
Braskem S.A. reported that credit rating agency Fitch Ratings has revised the company’s global corporate credit rating to CC.
Rhea-AI Filing Summary
Braskem S.A. reported that credit rating agency Fitch Ratings has revised the company’s global corporate credit rating to CC. A CC rating typically signals very high credit risk, meaning the agency sees the company’s debt as being under significant pressure.
Braskem states that it remains committed to its stakeholders and is focusing on resilience and transformation initiatives. The company aims to mitigate the significant effects of the prolonged global downturn in the petrochemical industry and to strengthen the competitiveness of the Brazilian chemical sector.
Positive
- None.
Negative
- Fitch revised Braskem’s global corporate credit rating to CC, indicating very high perceived credit risk and heightened concern about the company’s ability to meet its financial obligations.
Insights
Fitch revising Braskem’s global rating to CC signals very high credit risk.
Fitch Ratings has revised Braskem’s global corporate credit rating to CC. In credit markets, a CC level is generally associated with a very high likelihood of default relative to higher rating categories, indicating that creditors face elevated risk. This change directly affects how lenders and bond investors may view Braskem’s ability to service its financial obligations.
The company highlights internal resilience and transformation initiatives designed to counter the impact of a prolonged global downturn in the petrochemical industry and to support the competitiveness of the Brazilian chemical sector. While these actions may be aimed at stabilizing operations and cash generation, the actual effect on credit quality will depend on how operating conditions and leverage evolve, and how future rating reviews by agencies like Fitch respond to those developments.
FAQ
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What did Fitch Ratings change about Braskem S.A. (BAK)?
Why is a CC credit rating for Braskem S.A. important for investors?
How is Braskem S.A. responding to the Fitch credit rating action?
What industry conditions does Braskem S.A. cite in connection with its situation?
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Does this notice from Braskem S.A. include any offer of securities?
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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 December, 2025
(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- _____.
NOTICE TO THE MARKET
São Paulo, December 30, 2025 - BRASKEM S.A. ("Braskem" or "Company") (Ticker B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) hereby informs its shareholders and the market in general that the credit rating agency Fitch Ratings (“Fitch”) has revised the Company’s global corporate credit rating to CC.
The Company reinforces its commitment to its stakeholders and remains focused on implementing resilience and transformation initiatives to mitigate the significant effects resulting from the prolonged global downturn in the petrochemical industry and to strengthen the competitiveness of the Brazilian chemical industry.
Additional information can be obtained from the Investor Relations Department by phone at +55 (11) 3576-9531 or by e-mail braskem-ri@braskem.com.br.
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: December 30, 2025
| BRASKEM S.A. | |||
| By: | /s/ Felipe Montoro Jens | ||
| Name: | Felipe Montoro Jens | ||
| Title: | Chief Financial Officer | ||
DISCLAIMER ON FORWARD-LOOKING STATEMENTS
This Notice to the Market 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 Notice to the Market 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.