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News in brief

Casino reportedly preparing to restructure its debt once again

Tuesday 07 October 2025 - 13:00
By: Sahili Aya
Casino reportedly preparing to restructure its debt once again

French retail group Casino may soon face a new debt restructuring, less than three years after its last major financial overhaul, according to the Financial Times. The company, controlled since 2024 by Czech billionaire Daniel Kretinsky, must repay €1.4 billion by March 2027 — a looming deadline that has prompted preliminary talks among its creditors.

Although formal negotiations have not yet started, sources cited by the British newspaper suggest that Kretinsky could be forced to inject more funds to stabilize the group. Casino’s debt had been reduced by nearly €5 billion after its previous restructuring, but it has since climbed again, reaching €1.4 billion in mid-2025, compared with €1.2 billion at the end of 2024.

The retailer — owner of Monoprix, Franprix, and Cdiscount — reported a net loss of €210 million in the first half of 2025, though its profitability indicators have improved. Analysts note that maintaining investor confidence will be key to refinancing efforts.

Casino is expected to comment on its latest solvency test, carried out on September 30, when it publishes its next quarterly results. The company has so far passed previous solvency assessments without difficulty.

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