Successful bonds tender offer

The tender offer launched on Friday 21 February 2014 allows Casino to buyback respectively €214m and €336m of bonds maturing in April 2016 and in February 2017.

Purchased bonds in the context of this transaction will be cancelled on 7 March 2014.

After this transaction, the principal amount of these two bonds will be reduced to €386m for the bond maturing in April 2016 and to €552m for the bond maturing in February 2017.

This tender offer, together with the new 10-year bond issue of €900m launched on Friday 21 February, enables to extend the average maturity of Casino’s bond debt to 5.4 years today from 4.8 years as of end of December 2013.

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

BNP Paribas, Citigroup, CréditAgricole Corporate and Investment Bank, HSBC, ING, Mitsubishi UFJ Securities International and Natixis acted as deal managers of this transaction.

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

GROUP EXTERNAL COMMUNICATION DEPARTMENT
Aziza BOUSTER
Tel: +33 (0)1 53 65 24 78
Mob: +33 (0)6 08 54 28 75
abouster@groupe-casino.fr

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Download the presentation: Full year results 2014

Download the Annual Report 2014

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