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Quatrim repurchases, cancels €11.1 million of 5 7/8% secured notes
By Mary-Katherine Stinson
Lexington, Ky., Oct. 13 – Casino, Guichard-Perrachon SA informed noteholders that Quatrim SAS has purchased and canceled €11,095,000 of its €800 million issued 5 7/8% senior secured notes due Jan. 15, 2024 (ISINs: XS2010039118, XS2010038490), according to a notice Thursday.
The principal amount now stands at €719,825,000.
Quatrim is a 100%-controlled indirect subsidiary of Casino, Guichard-Perrachon, a Saint-Etienne, France-based food and non-food retailer.
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