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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, Crédit Agricole and BPCE, are due to vote in the next few days on how the Paris-based group intends to return the borrowed money and save its student, tourist and business residences. Réside études is mainly planning to sell off its assets.

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