France’s Orpea suspends trading on debt, resumes talks with creditors

Chicago, Jan. 30 – Orpea has resumed discussions with third-party investors led by Caisse des Depots et Consignations and a group of unsecured financial creditors holding approximately 50% of the company’s €3.8 billion unsecured debt, according to a press release.

The company has requested suspension of its shares and all its debt securities on Monday.

Orpea is a Paris-based long-term care facility operator.

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