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Americanas proposes $1.9 billion for creditors from top shareholders

By:
Reuters
Published: Mar 7, 2023, 22:21 GMT+00:00

SAO PAULO (Reuters) - Bankrupt Brazilian retailer Americanas SA said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come from top shareholders.

Americanas proposes $1.9 billion for creditors from top shareholders

SAO PAULO (Reuters) – Bankrupt Brazilian retailer Americanas SA said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come from top shareholders.

The company added that so far there is no agreement on the proposal.

($1 = 5.1910 reais)

(Reporting by Carolina Pulice; Editing by David Alire Garcia)

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