Yes. The existence of the State guarantee does not prevent the credit agreement from being renegotiated, namely to avoid and settle arrears (under the Pre-Arrears Action Plan (PRAP) or the Out-of-court Arrears Settlement Procedure (OASP)). However, should the agreement be renegotiated, regardless of whether it is covered by a State guarantee or not, the bank then classifies the credit operation as renegotiated.