Casas Bahia bondholders to meet Sept 14; market prices up to 90% discount

Casas Bahia bondholders will meet on September 14 to confirm automatic early redemption of debt after the retailer's judicial recovery filing in August. Market speculation suggests discounts of up to 90% on the bonds, reflecting severe financial distress. This signals potential significant losses for creditors and underscores the retailer's liquidity crisis.