Casino Group has entered into discussions with its Quatrim creditors as part of its plan to adapt and strengthen its financial structure. The latest update on these discussions is provided in a presentation published today on the company's website, containing all inside information relating to the financial restructuring proposals exchanged between the parties. Separately, the Group's TLB lenders initiated proceedings before the Paris Economic Court on 6 August 2026 seeking the termination of the safeguard plan approved on 26 February 2024, citing an event of default related to the creditor discussions. Casino Group intends to assert its rights in these proceedings, which will also rule on proposed amendments to the accelerated safeguard plans expected to be submitted within the next few weeks, as well as on the application for approval of conciliation agreements filed on 5 August 2026.
Casino Guichard Perrachon SATLB lenders seek termination of safeguard plan, adding legal and financial pressure to restructuring.
