Terra Forte, one of the largest Brazilian coffee exporters, has filed for bankruptcy protection, Reuters reports.
The company filed in a court in Campinas, in Sao Paulo state in late April 2019.
The law firm, Freire, Assis, Sakamoto e Violante said Terra Forte was looking to restructure a US$288 million debt.
It also said the exporter was seeking to raise working capital from investors in order to maintain operations.
Terra Forte exports around 2.5 million bags a year.