Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity
Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition, prompting significant financial restructuring. The company secured a vital agreement extending its debt terms, thereby stabilizing cash flow and ensuring financial stability. This deal with primary creditors Bradesco and Banco do Brasil preserves R$4.3 billion ($842.16 million) in liquidity until 2027, […]