Overview

• Banco Sumitomo petitioned Rio’s appeals court to suspend or annul the order, arguing it improperly shields 353 related companies and violates Brazil’s restructuring law.
• Ambipar remains under a 30‑day stay against creditor executions, extendable once, secured last week in the 3rd Business Court as the group assesses liabilities.
• Ambipar told the court the move was prompted by Deutsche Bank’s call for guarantees on a US$35 million loan and linked hedges tied to Ambipar Lux green bonds that could accelerate about R$10 billion.
• People familiar say Seneca Evercore is working to map debt and shape a restructuring plan in roughly 30 days, but the adviser denies being retained.
• Shares rose 22.82% to R$10.87 on Monday as reports put gross debt near R$15 billion versus R$10.71 billion at end‑June and around R$4.7 billion in Q2 cash on the consolidated balance.