Casino Secures Creditor Reprieve Until July 2026
On Thursday, Casino Group announced that it has secured extensions of consents from its creditors regarding ongoing discussions on restructuring its financial framework, along with an extension of the maturity of its operational financing.
Consent Extensions Until End of July
The group has obtained from its creditors under the Term Loan B, RCF, and Quatrim an extension of their consent not to use discussions related to the project of adapting and strengthening the financial structure as a means of pressure. This extension also covers the financing documentation integrated into the accelerated safeguard plans as well as the operational documentation approved according to conciliation protocols. The consents for Term Loan B, RCF, operational financing, and Quatrim are now valid until July 26, 2026.
Maturity of Operational Financing Extended
Casino Group has also secured from its creditors an extension of the maturity of its operational financing until July 29, 2026.
