Company received terms of adhesion and support to the Restructuring, Judicial Reorganization Plan and Investment Support Agreement and Other Covenants (PSA) signed by Banco Votorantim and Banco Daycoval, Americanas said in filing Dec. 12.
- As a result, PSA is supported by unsecured creditors holding more than 38.5% of the company’s debt, excluding intercompany credits
- Americanas also said that the holders of 85.42% of the local notes of the 17th issuance approved, at a general meeting of local notes holders, the adhesion to the PSA
- NOTE on Nov. 27:
Americanas Says It Signed Binding Agreement With Creditors (1)
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