Americanas presents RJ’s plan after the court rejected Safra’s request to cancel the creditors’ meeting

The company will present the submitted plan amendment on November 27 in a live broadcast scheduled for 10 a.m.

Lucinda Pinto


12 December 2023 at 08:49 – Updated 50 minutes ago

a Americans It will provide the updated version of your Judicial recovery plan To creditors this Tuesday (12), in a virtual meeting at 10 am. The idea is to show the amendment to this plan, which was submitted on November 27. The meeting, which investors were informed of through a material fact published last night, came one day after The court rejects the request submitted by Safra Bank Cancellation of the General Assembly of Creditors (AGC) scheduled to be held on December 19.

In the decision issued last night, Judge Leila Santos Lopez maintained her approval to convene the AGC, which will hold its first meeting on January 19 and its second on January 22, 2024.

“For these reasons, and also considering the positive expression of the judicial administrators, whose reasons I refer to, I authorize, regardless of the holding of a general meeting, that this judicial recovery should continue, not only in procedural uniformity, but also in its substance.” Monotheism,” highlights the judge.

Safra said in a statement that it respects the judiciary’s decision, “but remains confident about the other fronts before the courts that question the numerous violations of the recovery plan presented by Americana.”

Among banks, Safra is the company’s fifth creditor, behind Bradesco (4.13 billion Brazilian reais), Santander (3.57 billion Brazilian reais), BTG Pactual (3.52 billion Brazilian reais) and Itao. (R$ 2.74 billion) – These four financial institutions are leading the discussions. Safra was the only bank among the creditor banks that was excluded from the agreement with the retailer signed at the end of November. However, as reported IM BusinessLack of commitment by ambassadors will not prevent the signing of the agreement, but it will hinder the talks.