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Casino Reopens Creditor Talks to Recast €1.4 Billion Debt Ahead of 2027 Maturity

The retailer seeks early relief on its looming liability to safeguard execution of its 2030 strategy.

Overview

  • Casino confirms it remains burdened by a net €1.4 billion debt.
  • The company will seek to renegotiate the liability before its March 2027 due date, targeting an agreement by June.
  • Management has begun strengthening the balance sheet with an equity reinforcement plan slated to finish by the first quarter of 2026.
  • Chief executive Philippe Palazzi says the group has exited loss-making areas and returned to growth to support the strategy.
  • Third-quarter 2025 revenue rose 0.5% to €2 billion as the group extended its strategic plan to 2030.