Casino Group Advances Financial Restructuring Plan

On 23 July 2026, Casino Group announced a significant advancement in its financial restructuring efforts. Following a previous release on 10 July, the Group confirmed that all its bank creditors' credit committees agreed in principle to key requests. These requests include enhancing the terms for TLB creditors by aligning them with the banks' security package and waiving a condition requiring a two-thirds majority from TLB creditors to amend the safeguard plan.

The Casino Group's Board of Directors approved these terms. The Group plans to initiate procedures to amend safeguard plans and sign conciliation protocols, targeting the conclusion of these financial adjustments by the end of 2026. However, TLB lenders have expressed their refusal to extend their consent past July 26 and are preparing to terminate the Company’s safeguard plan.

This restructuring could significantly dilute current shareholders. Casino Group will release its first-half 2026 financial estimates on 30 July.