Maisons du Monde collapses in Paris after talks with financial partners fail
The furniture group aims to raise new liquidity and restructure existing bank debt and reaffirmed its full commitment to finding solutions
(Il Sole 24 Ore Radiocor) - Maisons du Monde plummeted on the Paris Stock Exchange - -28.64% at the close of the day, for a 38.23% drop since the start of the year - after announcing that negotiations with its lending banks had broken down. The share price of the group specialising in the production and marketing of furniture and home furnishings brings to over 54% the decline since the beginning of the year. Maisons du Monde disclosed that negotiations with its financial partners were unsuccessful, underlining the unfavourable geopolitical and consumer environment in which the talks took place.
The measures at the centre of the negotiations were aimed at enabling the company to raise new capital and restructure the existing bank debt, especially in the face of liquidity consumption and financing needs, including in particular the next instalment of a EUR 25 million syndicated loan, due on 22 April. The group reiterated its full commitment to finding solutions.
As a communiqué explained, 'Maisons du Monde continued negotiations with its financial partners to secure financing for the business plan. The discussions are taking place, at the company's initiative, within the framework of amicable and confidential procedures designed to anticipate possible business difficulties, i.e. an ad hoc mandate procedure, followed by a conciliation procedure currently underway since January 2026. The group has also started searching for alternative sources of financing'.
The 'multilateral' discussions aimed both at finding new liquidity and at restructuring existing bank debt, including through equity solutions. These lengthy and intensive negotiations, which took place in a particularly tense geopolitical and consumption context, have not yet produced any results.
The Group remains fully committed to finding appropriate solutions to its situation with the guidance of the mediator and is seeking alternative financing from third party investors and industry partners to ensure business continuity." The next update on the progress of ongoing negotiations and searches will be provided by 17 April 2026, the date scheduled for the publication of the Group's annual results for 2025.
