CORPORATEBrazil
Court approves GPA out-of-court restructuring plan to renegotiate about R$ 4.6 billion in debt
São Paulo's 3rd Bankruptcy and Restructuring Court approved on October 7 the out-of-court restructuring plan of GPA, owner of Pão de Açúcar. The plan renegotiates about R$ 4.57 billion in unsecured claims.