Interest debt: Habib’s files for RJ with debts of R$ 265 million
Até a esfiha azeda neste País. Dois meses depois de entrar com uma cautelar contra os credores, o Grupo Gennius – dono das marcas Habib’s, Ragazzo e Tendal – entrou em recuperação judicial listando R$ 265,2 milhões em dívidas. O pedido foi feito no domingo e foi deferido ontem pelo juiz Jomar Juarez Amorim, da […] The post Esfiha de juros: Habib’s entra em RJ com dívidas de R$ 265 milhões…
The Gennius Group, owner of the Habib's, Ragazzo, and Tendal brands, has filed for judicial recovery in Brazil with debts of R$ 265.2 million. The group, which has 119 Habib's stores, 26 Ragazzo stores, and six Tendal restaurants, among other businesses, had previously filed a precautionary measure against its creditors in June.
Bradesco is the main creditor, accounting for around 40% of the debts, followed by Daycoval, Original, and Inter banks. The company has 60 days to present a plan to restructure its debts and will be advised by Galdino Advogados and Laplace.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
