Groupe Casino: Details on payment obligations under financial instruments issued by the Group
27 Oktober 2023 - 8:43PM
Groupe Casino: Details on payment obligations under financial
instruments issued by the Group
Details on payment obligations under
financial instruments issued by the Group
Paris, 27 October 2023
Further to the press releases of 25 August 2023,
8 September 2023 and 4 October 2023, Casino Group states that, in
respect of the EMTN bonds maturing in 2026 and the perpetual
subordinated notes issued in 2005, the President of the Paris
Commercial Court has granted grace periods (délais de grâce) until
the end of the conciliation proceedings of Casino regarding the
payment of claims due during these proceedings.
It should be specified that the opening on 25
October 2023 of accelerated safeguard proceedings for the benefit
of Casino and certain of its subsidiaries entails the suspension
for the duration of the proceedings of all payment obligations in
respect of previous financial debts, i.e. in particular in respect
of unsecured high-yield bonds, EMTN bonds and perpetual
subordinated notes issued by Casino.
* * *
This press release was prepared solely for
information purposes and should not be construed as a solicitation
or an offer to buy or sell securities or related financial
instruments. Likewise, it does not provide and should not be
treated as providing investment advice. It has no connection with
the specific investment objectives, financial situation or needs of
any receiver. No representation or warranty, either express or
implied, is provided in relation to the accuracy, completeness or
reliability of the information contained herein. Recipients should
not consider it as a substitute for the exercise of their own
judgement. All the opinions expressed herein are subject to change
without notice
* * *
ANALYSTS AND INVESTORS
CONTACTS
Christopher WELTON -
cwelton.exterieur@groupe-casino.fr - Tel: +33 (0)1 53 65 64 17
orIR_Casino@groupe-casino.fr - Tel: +33 (0)1 53 65
24 17
PRESS CONTACTS
Groupe Casino – Communications
Director
Béatrice MANDINE –
bmandine@groupe-casino.fr - Tel: + 33 (0)6 48 48 10
10ordirectiondelacommunication@groupe-casino.fr -
Tel: + 33(0)1 53 65 24 78
Agence IMAGE 7
Karine Allouis - kallouis@image7.fr - Tel: +33
(0)6 11 59 23 26
Laurent Poinsot - lpoinsot@image7.fr - Tel: +
33(0)6 80 11 73 52
Franck Pasquier - fpasquier@image7.fr - Tel: +
33(0)6 73 62 57 99
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