The Casas Bahia Group reported that it maintains negotiations with several market agents in search of alternatives for its financial situation, but that, to date, there is no definition regarding any operation to obtain resources, including financing. The statement was made in response to a question from the Securities and Exchange Commission (CVM) regarding news published in the press regarding the negotiation of a DIP of up to R$1 billion.
Casas Bahia states that it negotiates and seeks alternatives for its financial situation
The Casas Bahia Group reported that it maintains negotiations with several market agents in search of alternatives for its financial situation, but that, to date, there is no definition regarding any operation to obtain resources,...
"However, there are still no definitions related to a possible operation of this nature, be it size, term or counterparty, which is why there is no information to be disclosed at the current time", he states. The company recalls that it filed a request for judicial recovery on August 16, 2026 and says that it is evaluating alternatives to renegotiate debt...
- The company recalls that it filed a request for judicial recovery on August 16, 2026 and says that it is evaluating alternatives to renegotiate debt payment deadlines and obtain additional...
- According to the company, these alternatives are still in the evaluation phase, with no confirmation of adoption or deadline for implementation.
- The Casas Bahia Group adds that the petition for judicial recovery, made available to the market under the terms of CVM Resolution No.
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"However, there are still no definitions related to a possible operation of this nature, be it size, term or counterparty, which is why there is no information to be disclosed at the current time", he states.
The company recalls that it filed a request for judicial recovery on August 16, 2026 and says that it is evaluating alternatives to renegotiate debt payment deadlines and obtain additional resources, including tax transaction mechanisms and the release of amounts deposited in court, with the aim of generating cash.
According to the company, these alternatives are still in the evaluation phase, with no confirmation of adoption or deadline for implementation.
The Casas Bahia Group adds that the petition for judicial recovery, made available to the market under the terms of CVM Resolution No. 80/22, mentions some of these measures, including the request to withdraw labor deposits.
According to the retailer, the extension of supplier payment terms in the first quarter was indicated in the comments on the financial cycle in its earnings release for the period. The free cash flow of R$800 million and the reduction in inventories by R$1.15 billion are included in the managerial cash flow disclosed in the second quarter balance sheet.
The company also recalls that, in its last balance sheet, it reported that it would close less profitable stores, indicating the number of units closed, reduce Capex and reduce its structural costs through the resizing of staff and expenses.
As these are recent measures, the company states that it does not yet have the exact dimensions of the estimated costs and savings and, therefore, says that there is no information to be disclosed in this regard.
The company reiterates that there is no operation to obtain financial resources, "whether in the DIP modality or not", contracted or approved to date. It also states that there is no renegotiation of deadlines or obtaining of resources defined or approved, nor official quantification of savings, expense reductions and Capex.
Did you buy or have a booklet at Casas Bahia? Ask questions and see consumer rights
Consumers who have already received products from Casas Bahia must continue to pay the installments normally, even after the request for judicial recovery. For purchases that have not yet been delivered, experts recommend paying attention to deadlines and providing guidance on rights in case of delay.