Retailer Casino: got waiver from lenders on financial covenants for end-June

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

French supermarket retailer Casino , which last week agreed on a long-awaited debt restructuring deal with creditors, said on Monday it had got a waiver from creditors regarding its financial covenants for the end of June.

, said on Monday it had got a waiver from creditors regarding its financial covenants for the end of June.

"The Group clarifies that it has obtained a waiver from the lenders under the revolving credit facility to declare any early repayment based on events of default resulting directly from non-compliance with the financial covenants at 30 June 2023," it said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LOANS

Loans Loans Latest News, Loans Loans Headlines