Casino Group pursues FRH-led financial restructuring, warns safeguard plan amendment heavily dilutes shareholders
Reuters2026/07/30 06:28- Casino Group moved to launch an amendment of its safeguard plans and sign conciliation protocols to execute a balance-sheet overhaul in H2 2026.
- Bank creditors gave agreement in principle to align Term Loan B creditors’ security with banks’ package, easing a key condition on the restructuring.
- Term Loan B lenders refused to extend their consent, signaled they are preparing to seek termination of the safeguard plan in Paris Economic Court.
- The planned safeguard-plan amendment would be massively dilutive for current shareholders.
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