Raízen shareholders approve out-of-court restructuring plan
On October 30, 2026, shareholders of Brazilian sugar and ethanol producer Raízen voted to approve implementation of the company’s out-of-court restructuring plan, according to Reuters citing three people familiar with the matter. The plan addresses approximately R$65 billion of debt and includes a planned capital increase ranging from R$3.5 billion to R$39.8 billion, according to a company filing.
Reuters directly reports that Raízen shareholders voted on Friday, October 30, 2026, to approve implementation of the company’s out-of-court restructuring plan; the plan covers approximately R$65 billion of debt and includes a planned capital increase of R$3.5 billion to R$39.8 billion. This is a material, forward-looking solvency and capital-structure milestone affecting Raízen, existing shareholders, and restructuring creditors, so it remains approved as a financial_distress development and is matched to the existing Raízen Capital Increase Plan event. The vote is attributed to people familiar with the matter rather than a direct company confirmation, and one retrieved context item described the vote as pending; confidence and timestamp precision are therefore moderated, although the direct Reuters report supports treating the vote as occurred.
Shareholders of Brazil's Raizen BMFBOVESPA:RAIZ4, a global sugar and ethanol producer, on Friday voted to approve the implementation of the company's out-of-court restructuring plan, three people familiar with the matter told Reuters.
The package includes a planned capital increase of between 3.5 billion to 39.8 billion reais ($642.2 million to $7.3 billion), according to a company filing published on Monday.
Raizen's restructuring plan, totaling some 65 billion reais in debt, is the largest in Brazilian history and followed a number of risky bets, poor harvests, and low commodity prices.