Successful 12-year bond issue of €900 million

Casino successfully issued a new 12-year bond of €900 million. It is the first 12-year Eurobond completed by an issuer rated BBB-.

This new bond has been significantly oversubscribed by a diversified investor base and will pay a coupon of 2.798%, the lowest coupon ever for the Group.

This operation strengthens the Group’s liquidity and extends the average maturity of Casino’s bond debt from 5.5 to 6.3 years. Proceeds will be used for General Corporate Purposes including repayments of maturing debt.

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

Crédit Agricole CIB, Goldman Sachs, J.P. Morgan, Mizuho, Royal Bank of Scotland, Santander and UBS acted as joint bookrunners.

ANALYSTS AND INVESTORS 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

PRESS CONTACT
Aziza BOUSTER
Tél : +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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