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Casino, Guichard-Perrachon repurchases €9.3 million 3.311% notes
By William Gullotti
Buffalo, N.Y., Oct. 25 – Casino, Guichard-Perrachon repurchased and canceled 93 notes totaling €9.3 million principal of its originally issued €1 billion 3.311% notes due Jan. 25, 2023 (ISIN: FR0011400571), according to a notice on Tuesday.
The series 30 notes, originally issued under the company’s €9 billion euro medium-term note program, have stepped up to a 4.561% interest rate.
€189.7 million of notes remain outstanding after the cancellation.
Casino is a food retailer based in Saint-Etienne, France.
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