Radiocor News

Maisons du Monde in debt refinancing deal; will be taken over by 2 funds

(Il Sole 24 Ore Radiocor) - Milano, 19 giu - Maison du Monde said that it has reached a debt refinancing deal that will result in the French furniture retailer being taken over by two funds, Alteri Investors and Eicos Investment Group.

Under the agreement, the funds will inject 33 million euros into the retailer and buy 210.8 million in debt from creditor banks. The debt will then be converted into equity and the funds will own about 95.2 percent of the share capital and about 95.3% of voting rights.

Maisons du Monde said that a failure to complete the debt restructuring by September 15, or a rejection by its shareholders, would force it to file for judicial reorganization proceedings, "which would almost certainly result in the total loss of the shareholders' investment, given the offers received as part of the pre-pack sale process and the group's liquidation value, which is currently estimated to be close to zero." The company reported that in 2025 it posted a net loss of 406 million euros, driven by approximately 350 million euros in non-cash asset impairments.

In the first quarter of 2026, sales were down 2.8% on a.

like-for-like basis.

(RADIOCOR) 19-06-26 15:12:21 (0374) 5 NNNN

 


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