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Casino Group buys back €67.05 million of Quatrim 2024 senior notes
By Marisa Wong
Los Angeles, Nov. 10 – Casino Group (Casino, Guichard-Perrachon SA) has repurchased a nominal amount of €67.05 million of the Quatrim 2024 senior secured notes (ISIN: XS2010039118, XS2010038490) in the market, according to a press release.
The repurchased bonds will be canceled in the coming days, reducing the aggregate outstanding nominal amount of the Quatrim 2024 notes to €652,775,000.
The buybacks were financed using amounts from the company’s senior secured segregated account. As of Nov. 10, the balance of the senior secured segregated account is zero.
Casino is a food retailer based in Saint-Etienne, France.
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