Casino Guichard-Perrachon Wants to Extend Credit Lines in France, Refinance Debt
October 22 2019 - 1:40PM
Dow Jones News
By Max Bernhard
Casino Guichard-Perrachon S.A. (CO.FR) said Tuesday it is
negotiating the extension of its credit lines in France, and plans
to refinance part of its existing debt.
Casino said it plans to raise 1.5 billion euros ($1.7 billion)
in new financing to refinance part of its existing debt.
The retailer said it still aims for net debt in France of less
than EUR1.5 billion at end-2020 and to maintain this level over
time.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
October 22, 2019 13:25 ET (17:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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