Raízen, a joint venture between Cosan and Shell, has filed for an extrajudicial recovery plan to tackle its substantial debt of R$ 65 billion. This situation primarily affects investors associated with debentures and CRAs (Agribusiness Receivables Certificates), of which nearly R$ 11.4 billion are at stake. A significant portion of this debt is linked to CRAs, with nearly R$ 1 billion maturing soon on March 16. The remaining R$ 5.7 billion is tied to debentures, indicating that a large number of investors could be facing financial uncertainties due to the company's precarious situation.