Casino: successful bond issue of €650 million

Casino successfully issued a new 7-year bond of €650 million.

This operation, which strengthens the Group’s liquidity, is intended to refinance the nextdebt repayments of the Group. It extends the average maturity of Casino’s bond debt to 4.8 years today (vs. 4.6 years as of the end of June).

This new bond, which will pay a coupon of 3.157%, has been significantly oversubscribed by a diversified investor base. This coupon is the lowest ever achieved by the Group in a bond issue.

Casino is rated BBB- stable by Standard & Poor’s and Fitch Ratings.

Bank of Tokyo Mitsubishi, Citibank, Crédit Agricole Corporate and Investment Bank, Natixis, RBS and Société Générale acted as joint bookrunners.

ANALYST AND INVESTOR CONTACTS
Régine GAGGIOLI – Tél. : +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
or
+33 (0)1 53 65 64 18
IR_Casino@groupe-casino.fr

A new Géant hypermarket opens in Abu Dhabi’s new Yas Mall The Casino Group is stepping up its 110-store-strong presence in the North Africa and Middle East regions, which offer major growth potential. The Group is pursuing its expansion...

Download the presentation: Full year results 2014

Download the Annual Report 2014

Improved activity in France: : Return to growth at Géant and recovery at Leader Price Increase in food sales in Brazil Strong growth of the E-commerce business In France, improved activity: growth in organic sales (+0.4%) and in same-store sales (+0.1%);...

– Strengthened organization, focused on growth drivers, – Implementation of significant synergies leveraging the respective strengths of the different entities, – Acquisition by Éxito of 50% of GPA voting shares owned by Casino group and 100% of Libertad in Argentina...

Casino Group decides to strengthen its financial flexibility with a deleveraging plan in 2016 of more than 2 billion of euros, mainly through real estate transactions and disposal of non-core assets. One of this plan’s components consists in externalizing the...

Casino has become aware, through a press agency wire, of a report issued by Muddy Waters Capital on December 16, 2015, with the obvious intent to harm Casino, its employees and its shareholders. This accusatory report contains grossly erroneous allegations...

Paris, 21 December 2015. Casino Group affirms the strength of its business model, strategic plans and financial structure On December 15th, 2015, Casino Group announced a plan to strengthen its balance sheet and enhance its financial flexibility with a deleveraging...

In France, sales growth of +2.7% on an organic basis and +1.4% on a same-store basis, and an increase in customers of +1.9% – Géant: significant growth of +3.0%(1) (same-store and organic) and continued gain in market share of +0.1...

Press contact