Atos, Casino, Altice, Orpéa, Lejaby, Labeyrie, Atalian (business services)… The list of companies in bad shape because they are strangled by their debts continues to grow.
Indeed, it is not only the State that lives on credit, companies have also become addicted, over the last ten years, to easy money.
“The very low rates encouraged them to take on debt.
In banks, credit lines were often wide open and companies obtained financing very easily,”
recalls Alain Lévy, associate lawyer at the Ayache Salama firm.
But that period is over.
The increase in interest rates decided by the ECB to counter inflation suddenly sounded the death knell for easy and almost free money, which led French companies to accumulate 2,059 billion euros in debt.
An amount higher than that of our European neighbors.
In less than two years, bank loan rates have increased from 1.6% on average in 2022 to nearly 4.8% by the end…
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