In brief

Casas Bahia changed who leads creditor talks.

Camille Faria replaces Mateus Tessler.

What we know

04
  1. Verified fact · material

    Casas Bahia put Camille Faria, an Althia Partners partner, in charge of creditor talks in its judicial recovery.

    Lead.

    Sources[01][02]
  2. Verified fact · material

    Camille Faria succeeds Mateus Tessler in leading the talks.

    Succession.

    Sources[01][02]
  3. Verified fact

    According to Bloomberg Línea, the debt declared in the judicial recovery is R$ 17.3 billion.

    Debt.

    Sources[01]
  4. Verified fact

    According to Investidor10, Alvarez & Marsal remains on the plan.

    Advisor.

    Sources[02]

Transmission to assets

Market read-through

The choice brings experience from large restructurings, but the plan still depends on creditors.

Portfolio impact

01
BHIA3uncertain

New lead changes talks.

Creditor deadlock.

What would change the view: Quick deal.

direct15% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Recovery plan
  • Creditor meeting

Limits of the reporting

What remains uncertain

  • Sources do not report changes to terms proposed to creditors.

Full sources

02