S&P cuts Brazil's petrochemical firm Braskem to junk

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SAO PAULO, Feb 26 (Reuters) - S&P on Monday downgraded Brazilian petrochemical producer Braskem to "BB+" from "BBB-", according to a report from the rating agency.

The move means Braskem has lost its investment-grade rating from S&P. (Reporting by Andre Romani; Editing by Steven Grattan)

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