Saraiva Livreiros S.A. - em Recuperação Judicial (BOVESPA:SLED4) is discussing with creditors how to move forward with plans to sell some assets worth up to BRL 380 million (EUR 85.85 million/$99.03 million). Both sides have been discussing changes to the fifth version of the firm's juridical recovery plan. Publishers would be able to use credits to acquire some of such assets. Saraiva filed for juridical recovery in September 2019 with outstanding debts of BRL 595 million. The recovery plan involves debts of BRL 530 million. The firm is looking at selling lease deals for shops in shopping centres and stocks. Saraiva has 57 stores with monthly sales of BRL 12.5 million now. This is one quarter of the sales they had a year ago.