Microbrewery: Pit Caribou pulls out the head of the water and avoids bankruptcy

TVA Nouvelles

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The creditors of the Gaspé microbrewery agreed to the payment agreement.

radiogaspesie.ca

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The creditors of Pit Caribou have accepted the company's agreed proposal. Under the agreement, the microbrewery therefore avoids bankruptcy through a restructuring of its debts. The secured creditors of the company will receive 65% of their claim, for a total of approximately $5 million, out of the $7.8 million owed to them. The co-owner of Pit Caribou has not hidden his relief. Jean-François Nellis points out that thanks to the flexibility of i…

gaspesienouvelles.com

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The creditors of Pit Caribou accepted on Monday the proposal presented to them, thus avoiding the microbrewery of L'Anse-à-Beaufils from having to declare bankruptcy.