EQT’s Cerba Updates Lenders on Timeline for €5 Billion Debt Plan

Cerba Healthcare told creditors that it will provide a plan for tackling its €5 billion ($5.85 billion) debt pile after the French government gives an update on subsidies for private laboratory companies in a month or so.

The EQT AB-backed firm communicated to holders of its term loans and bonds in a call on Monday that it expects an update from the government in late May or June, according to people familiar with the matter, who asked not to be identified discussing private information.