French retailer Casino has initiated a new round of debt restructuring discussions, less than two years after its previous overhaul, as it extends its "Renouveau years 2030” recovery plan. The group, controlled by Daniel Křetínský’s France Retail Holdings (FRH), has entered negotiations with lenders of more than €1.4bn ($1.61bn) of Term Loan B facilities maturing in March 2027. FRH is prepared to underwrite a €300m capital increase, subject to reaching acceptable terms with creditors. Casino is proposin ...