Casino unsecured bonds fall around two cents on the euro - Tradeweb

April 17, 2023 02:27 PM CEST | By Reuters

LONDON, April 17 (Reuters) - Some of Casino's unsecured bonds maturing in 2027 dropped by around two cents on the euro on Monday, data from Tradeweb showed.

Some holders of bonds maturing in 2026 and 2027 have organised into a group and hired advisers to engage with the French retailer to push for better terms should the company's planned tie-up with smaller food firm Teract proceed, Reuters reported on Friday.

A bond issued by Casino and maturing in April 2027 fell to 28 cents from 30 cents on Friday. (Reporting by Chiara Elisei; editing by Dhara Ranasinghe)

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