07:08 AM EDT, 09/08/2025 (MT Newswires) -- Colabor Group ( COLFF ) , a distributor and wholesaler of food and related products, trading near 52 week lows, over the weekend entered into a forbearance agreement with its principal lenders, under its amended and restated senior first-ranking secured credit facility. In addition, GCL entered into separate forbearance agreements with Investissement Quebec under its subordinated and highly subordinated credit facilities.

Under the terms of the forbearance agreements, the lenders and IQ have agreed to temporarily forbear from exercising their rights and remedies in respect of anticipated defaults under the A&R Credit Facility and the IQ Credit Facilities, specifically related to certain financial covenants for third and fourth quarters of 2025.