Casino Group announces a refinancing of its debt

Casino Group announces the launch of a refinancing to extend the maturity of its debt and reduce its costs.

Following the operations of December 2020 and March 2021, Casino Group announces today a refinancing of its debt including:

A tap of its Term Loan B of maturity August 2025 for a targeted amount of €400 million;

A tender offer on bonds maturing January 2023 and March 2024.

The funds raised and potentially not used during the tender offer will be used for future debt buybacks and repayments.

The completion of the transactions is expected in the coming weeks.

On 26th May 2023, Casino Group announced the opening of a conciliation procedure, following the agreement given by the President of the Paris Commercial Court, for the benefit of Casino Guichard-Perrachon SA and certain of its subsidiaries. The initial term of this period is...

First-quarter 2021 confirmed the second-half 2020 trend of increased profitability across all geographies. This profitability improvement led to faster debt reduction. Consolidated net sales of €7.1bn, stable on a same-store basis, and up 6.5% over 2 years. In France, excellent...

Paris, 3 September 2018 – The Casino Group takes note of Standard & Poor’s decision to downgrade its financial rating by one notch at BB, negative perspective. Casino notes that the rating agency’s assessment does not take into account the...

Responsible employer committed to the development of skills and the well-being of its employees, the Casino group implements innovative human resources policies, consistent with its approach to social, societal and environmental responsibility.

The Casino group is also a local community player, rooted in the regions where its stores are located.

Casino Group’s Corporate and Social policy aims at offering more responsible consumption patterns and improving the sustainability of its business model by supporting relations of trust with all the stakeholders with whom it maintains a permanent dialogue.

Inventing the world of tomorrow and creating the retail sector of the future – those were Casino Group’s objectives for its sustainable growth model. The priority: improve our impact on the world around us.

The Group deploys concrete actions on a daily basis with its banners. These actions are presented in our newsroom. Find our latest news and all of our press releases.

Historical player in the retail industry in France since 1898, No. 1 network of convenience stores and and No. 2 in e-commerce, the Casino groupe has more than 8,600 stores.

With a clear vision of changes in the sector, its ambition is to accelerate the transformation of commerce by positioning itself on future formats: proximity, premium and e-commerce.

Casino Group announces a refinancing of its debt

Press contact