Casino: Successful 10-year bond issue of €750 million
PARIS -- January 18, 2013
Casino (Paris:CO) successfully issued a new 10-year bond of €750 million.
This operation, which strengthens the Group’s liquidity, is intended to
refinance the next debt repayments of the Group. It extends the average
maturity of Casino’s bond debt to 5.1 years today (vs. 4.5 years as of the end
of December 2012).
This new bond, which will pay a coupon of 3.311%, has been significantly
oversubscribed by a diversified investor base.
Casino is rated BBB- stable by Standard & Poor’s and Fitch Ratings.
Bank of America Merrill Lynch, Crédit Agricole Corporate and Investment Bank,
Credit Suisse, Mitsubishi UFJ Securities International, RBS and Société
Générale acted as joint bookrunners.
ANALYST AND INVESTOR:
Tel: +33 (0)1 53 65 64 17
+33 (0)1 53 65 64 18
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