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[EXCLUSIVE] Réside études submits debt repayment plan to creditors

Institutional investors in a Euro PP, as well as the French government, Banque Palatine, Crédit Agricole and BPCE, are expected to give their opinions in the coming days.
63 rue de la République, Marseille (CoStar)
63 rue de la République, Marseille (CoStar)
By Vincent Lepercq
December 19, 2024 | 10:37 AM

Translated from French.

According to our information, institutional investors grouped together in a Euro PP, as well as the French government, Banque Palatine and the Banque de France, are all involved in the project. Banque Palatinethe Crédit Agricole and BPCE are due to decide in the next few days how the Paris-based group intends to repay the money borrowed and save its student, tourist and business residences. Réside études plans above all to sell off its assets.

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