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French retailer Plesio agrees on debt restructuring, posts slightly higher Q3 sales

By Reuters News07:15 (UTC), 10 November 2026 Updated

Nov 10 (Reuters) - French supermarket group Plesio CASP.PA, formerly known as Casino, said on Tuesday it had reached an agreement in principle to restructure its debt, as it reported 0.3% organic growth in third-quarter comparable sales, weighed down by lower non-food sales particularly in September.

The restructuring deal includes a €390 million ($438 million) capital increase from majority shareholder France Retail Holdings and will reduce the group's Term Loan B debt to €800 million from €1.4 billion, Plesio said in a statement.

It reported comparable sales of €1.95 billion for the third quarter.

($1 = 0.8908 euros)

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