Casino, Guichard Perrachon : Casino Group: Success of two bond issues for a total amount of 600 million euros

 Casino, Guichard Perrachon : Casino Group: Success of two bond issues for a
                      total amount of 600 million euros

      Success of two bond issues for a total amount of 600 million euros


Casino  announces  the  success  today  of  two  bond  issues,  for  a   total 
consideration of 600 million  euros: 350 million euros  will be added to  the 
existing bonds due 2019 and  250 million euros will  be added to the  existing 
bonds due 2023. Following  this transaction, the nominal  amount of these  two 
bonds will increase to 1 billion euros each.

This transaction, which strengthens the Group's liquidity, extends the average
maturity of the Casino's bond debt to 5.4  years (vs. 5.1 years as of the  end 
of January 2013).

The cost of these financing are the lowest ever achieved by the Group:  1.990% 
for the bond maturing in 2019 resulting for the first time in a cost below  2% 
and 2.788% for the 2023 maturity.

These two  bond  issues were  significantly  oversubscribed by  a  diversified 
investor base.

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

Bank of  America Merrill  Lynch, BNP  Paribas, Crédit  Agricole Corporate  and 
Investment Bank, Deutsche Bank ad JP Morgan acted as joint bookrunners.

2013-04-29 - PR Success of Two Bond Issues

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Source: Casino, Guichard Perrachon via Thomson Reuters ONE
HUG#1697505
 
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