Groupe Casino: Status update on the project to adapt and strengthen the Casino Group financial structure - Quatrim bonds
Summary
On September 21, 2026, Groupe Casino announced an agreement in principle with a group of Quatrim bondholders representing approximately 35% of the Quatrim debt, following discussions initiated on August 7 regarding its plan to adapt and strengthen its financial structure. Key terms include a one-year maturity extension from January 2028 to January 2029; release of the Ségisor guarantee on the Quatrim bonds; repayment of €10 million at closing; a €10 million reduction in the Monoprix guarantee alongside a one-year extension to January 2029; and additional Extension and Contingent Extension Fees alongside consent fees for consenting noteholders. Binding documentation is expected to be executed in the coming weeks, ahead of a vote of affected parties on amendments to Casino Group companies' plans. Further details were published in a presentation on the Casino Group website.
(Source:Finanznachrichten.de)