The private nursing home group Orpea announced on Monday the launch of a capital increase “of approximately 3.9 billion euros” aimed at erasing part of its debt as part of its financial restructuring.
(AFP / JULIEN DE ROSA)
This capital increase, which must last until November 27 inclusive, aims to erase “the entirety of the unsecured debt”, indicates in a press release Orpea, in great financial difficulty after the book “The Gravediggers” by journalist Victor Castanet who revealed in early 2022 mistreatment of residents and financial embezzlement by the former management.