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 (...)
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