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Casino will ask for “grace periods” to avoid a default on its debt before having renegotiated it

Casino announced on Monday that it would request "in the coming days" "grace periods" to freeze the repayment of certain debts or interest, so as not to find itself in default on its debt before the end of the conciliation period.

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Casino will ask for “grace periods” to avoid a default on its debt before having renegotiated it

Casino announced on Monday that it would request "in the coming days" "grace periods" to freeze the repayment of certain debts or interest, so as not to find itself in default on its debt before the end of the conciliation period. when he must renegotiate it.

Certain creditors of the distributor in financial difficulty had been asked not to request the payment of the sums due during the time of the conciliation, which can last until the end of October at the latest. But some refused. The group therefore says in a press release that it will “request from the President of the Commercial Court, in the coming days, the application of grace periods”.

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