Company said it will issue about $ 3 billion in debt securities
Reproduction/Ambipar The Ambipar crisis has gained historical proportions
The Ambipar crisis has gained historical proportions, marked as one of the largest losses ever recorded. The company said it will issue about $ 3 billion in debt securities, in which investors buy, and the company commites to pay back with interest.
Typically, securities are used to pay old debts, which in practice means that new debts will be created with creditors to pay debts that have not yet been paid.