The new agreement also ensures the protection of Quatrim's assets. The notes, issued by the group's property management entity Quatrim, were originally due in January 2024 but have now been postponed to January 2027.
French supermarket chain Casino Guichard-Perrachon's shares surged by 4% to €1.78 on Tuesday, sparked by an in-principle agreement with a majority of its creditors to extend the maturity date for senior secured notes worth €553 million ($591.2 million).
