Casino announced on Monday that it would request “grace periods” “in the coming days” 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 should you renegotiate?
Certain creditors of the distributor in financial difficulties had been asked not to demand payment of the amounts owed during the time of the conciliation, which can last until the end of October at the latest.
But some refused. For this reason, the group affirms in a press release that “it will request the president of the Mercantile Court, in the next few days, the application of the waiting periods.”
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Source: BFM TV
