Casino has announced today the signing of a 5-year confirmed credit facility for an amount of USD 1,000M (approx. EUR 770M) with a group of 10 international banks: JPMorgan and RBS (coordinating banks), Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi, Barclays, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs and Mizuho Bank.
This credit line refinances the existing 3-year USD 900M facility signed in August 2011. The increase in size and the maturity extension to 5 years strengthen the group’s liquidity and extend the average maturity of Casino’s confirmed lines from 1.8 years to 3 years.
This transaction gives the Group access to competitive financial resources with large international banks.
ANALYST AND INVESTOR CONTACTS
Régine GAGGIOLI – Tel: +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
or
+33 (0)1 53 65 64 18
IR_Casino@groupe-casino.fr