Raizen Reports 3.4 Billion Reais Cash Burn, Doubles Impairment Charge Amid Restructuring

Brazilian sugar and fuels company Raizen SA reported a cash burn of 3.4 billion reais ($657 million) for the first three months of 2026 as it continues a debt restructuring plan, according to Bloomberg. The company also roughly doubled its impairment charge for the crop year, signaling ongoing challenges during the overhaul.