Rallye will be able to renegotiate the terms of repayment of its debt.

The company Rallye, parent company of the giant retailer Casino, announced Thursday to have placed in the procedure of safeguarding, which will allow him to renegotiate the terms of repayment of its debt.

"In a persistent context of speculative and massive attacks of which group securities are the subject, the companies in safeguard intend to ensure in the framework of these procedures the integrity of the group and consolidate their financial situation in a stabilized environment", a specified Rally in a statement.