Brief: Casino Announces Progress Of Project To Adapt And Strengthen Casino Group's Financial Structure

Rallye SA

05/06/2026 17:36

June 5 (Reuters) - Casino Guichard Perrachon SA CASP.PA:
ANNOUNCES PROGRESS OF PROJECT TO ADAPT AND STRENGTHEN CASINO GROUP'S FINANCIAL STRUCTURE
DISCUSSIONS WITH BANKING PARTNERS HAVE LED PARTIES TO ALIGN ON KEY PARAMETERS OF FINANCINGS FOR ITS RETAIL BUSINESS
CONTINUATION OF EXISTING OPERATIONAL FINANCINGS IN AN AGGREGATE AMOUNT OF AROUND EUR 620 MILLION FOR A 5-YEAR TERM
NEW FIRST-DEMAND GUARANTEE LINE TO SUPPORT NEEDS OF PURCHASING ALLIANCE
DISCUSSIONS LED THE PARTIES TO ALIGN ON THE KEY PARAMETERS OF FINANCINGS FOR ITS RETAIL BUSINESS A NEW 5-YEAR RCF REPLACING THE CURRENT RCF IN AN AMOUNT OF AROUND €600 MILLION
AIMS TO REACH NEXT STAGE OF ITS DISCUSSIONS WITH ITS MAIN BANKING PARTNERS BY JUNE, 30 2026
AIMS TO FINALIZE BANKING DOCUMENTATION RELATED TO THESE FINANCINGS DURING MONTH OF JULY
IMPLEMENTATION OF THESE FINANCINGS WILL BE SUBJECT TO THE COMPLETION OF THE GROUP’S PLAN TO ADAPT AND STRENGTHEN ITS FINANCIAL STRUCTURE
HAS REQUESTED AND OBTAINED FROM THE PRESIDENT OF THE COMMERCIAL COURT OF SAINT-ÉTIENNE AN EXTENSION OF THE DEADLINE UNTIL 31 DECEMBER 2026 FOR HOLDING THE ANNUAL SHAREHOLDERS’ MEETING CALLED TO APPROVE THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025
Source text: Here for full press release
Further company coverage: CASP.PA

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