Retail - Debt

Groupe Casino Announces New Refinancing Plan

French retailer Groupe Casino has announced a new refinancing plan to extend the maturity of its debt and reduce costs. The refinancing plan includes a...

'Strong And Stable Capital' Foundations Set To Boost Spain's DIA

The executive chairman of Spanish retailer DIA, Stephan DuCharme, has said that a newly-agreed capital structure will provide "strong and stable capit...

Retailer Casino Scraps Dividend As It Pursues Debt-Cutting Plans

French supermarket retailer Casino, which is battling investor concerns over debts and its ability to generate cash, scrapped dividends as it targeted net...

Spain's DIA In 'Advanced Conversations' To Refinance Bank Debt

Spanish retail group DIA has said that it has entered into a standby underwriting commitment with Morgan Stanley & Co. International plc, for an am...

Creditor Seeks To Wind Up Kenya's Uchumi Supermarkets Over Debt

A Kenyan company is seeking the dissolution of retailer Uchumi Supermarkets over a 44.8 million shilling debt, according to court documents seen by Reuters...

Casino Details Cash Position Of Finance Unit In Bid To Calm Debt Concerns

French retailer Casino, whose shares fell sharply on Friday amid renewed concerns over its debt burden, disclosed on Monday the cash position of its&n...

Steinhoff's Creditors Support Debt Lock-Up, Key To Saving Retailer

Steinhoff's creditors agreed to hold on their debt claims for three years, the embattled retailer said on Friday, throwing a lifeline for the South African...

Steinhoff Says Around 90% Of Creditors Support Debt Lock-Up

Steinhoff said on Thursday that around 90% of creditors for several subsidiaries supported an agreement to hold off debt claims for three years, an importa...

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Steinhoff In Talks With Creditors Over Deal To Delay Debt Claims

Steinhoff Seeks Further Debt Standstill From Creditors

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