Fri 06/30/2023 12:51 PM
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Creditors in French retailer Casino Guichard-Perrachon are grappling to come to terms with the group’s latest proposal to overhaul its debt-laden structure amid continued operational underperformance and widening structural flaws.

The company informed stakeholders yesterday, Thursday, June 29, that the equitization of €1 billion to €1.5 billion of secured debt was necessary “in order...
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