Raízen Files Brazil’s Largest Extrajudicial Restructuring

2026-03-11 - 12:43

Key Points — Raízen, the Shell-Cosan joint venture that operates 7,000 fuel stations and is the world’s largest sugarcane ethanol producer, filed for extrajudicial restructuring on Tuesday covering R$65 billion ($11B) in financial debt — the largest such filing in Brazilian history. — Shell will inject R$3.5 billion and Cosan founder Rubens Ometto R$500 million,