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Banco Bradesco Sues Ambipar Amid Financial Scandal

10/26/2025

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Summary

Story summary

Banco Bradesco S.A. is suing Ambipar Participacoes e Empreendimentos S.A. and its executives, including CEO Tércio Borlenghi Junior, over alleged financial misconduct and ostensive fraud.
Ambipar, which had raised $750 million through a green bond sale, is seeking bankruptcy protection in Brazil and Chapter 11 in Texas amid a governance crisis.
Ambipar's bonds have plummeted in value, signaling a loss of investor confidence amid ongoing financial irregularities.

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Story summary

Banco Bradesco S.A. is suing Ambipar Participacoes e Empreendimentos S.A. and its executives, including CEO Tércio Borlenghi Junior, over alleged financial misconduct and ostensive fraud.
Ambipar, which had raised $750 million through a green bond sale, is seeking bankruptcy protection in Brazil and Chapter 11 in Texas amid a governance crisis.
Ambipar's bonds have plummeted in value, signaling a loss of investor confidence amid ongoing financial irregularities.