France: Orpea resumes discussions with investors and creditors as it requests suspension of trading

Orpea, a leading global care player, has resumed discussions with a group of French third-party investors led by the Caisse des Depots et Consignations and a group of unsecured financial creditors holding approximately 50% of its €3.8bn (US$4.1bn) unsecured debt. The company has also requested the suspension of its shares and debt securities from trading…