Sequoia Logistics (SEQL3), a Brazilian transportation and logistics company, is taking decisive action to address its financial challenges by unveiling an extrajudicial recovery plan. This plan aims to renegotiate R$295 million ($52.7 million) in non-financial debts, following a successful debt restructuring with banks and debenture holders in December 2023. Leopoldo Bruggen, Sequoia’s CFO, outlined the […]
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