France: Orpea’s share price under pressure on news it needs to renegotiate debt

Orpea’s share price sank to its lowest level of the year (€6.62) last week, as the company’s financial instruments reopened for trading following a two-day suspension. The halt in trading came following the release of news that Orpea needed to renegotiate its debt, including the covenants contained in many of its financing lines, as they…