Brazilian Retailer Casas Bahia Seeks R$300M Loan Amid Judicial Recovery

Casas Bahia, a major Brazilian retailer, is negotiating a R$300 million loan to sustain operations after its judicial recovery request was accepted by a court this week. The company faces severe liquidity constraints, and the loan is critical to avoid operational halt. The acceptance of recovery proceedings signals financial distress, but the outcome of the loan negotiation remains uncertain.

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