Casino, Guichard-Perrachon S.A. (CAJ.DU)
| Previous Close | 0.0280 |
| Open | 0.0280 |
| Bid | 0.0315 x 0 |
| Ask | 0.0326 x 0 |
| Day's Range | 0.0280 - 0.0280 |
| 52 Week Range | 0.0239 - 8.2700 |
| Volume | |
| Avg. Volume | 2,136 |
| Market Cap | 1.211B |
| Beta (5Y Monthly) | 0.70 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | May 09, 2019 |
| 1y Target Est | N/A |
- Reuters
France's Casino CDS auction values bonds at 1 cent
Investors who bought default insurance on France's Casino Guichard Perrachon SA bonds are getting a nearly full payout after a committee that reviews disputes in the credit default swaps (CDS) market said a credit event had occurred. An auction to settle Casino's CDS contracts was held on Monday and established a price of 1 cent in the euro for the unsecured bonds against which the CDS provide insurance, according to a statement from Creditfixings, part of S&P Global Market Intelligence. The first part of Monday's auction showed net open interest to sell stood at 197.3 million euros ($208.7 million), said Creditex and Markit, who jointly run the auction process, in a statement posted online.
- Investing.com
Casino Guichard-Perrachon extends debt maturity, shares rise
French supermarket chain Casino Guichard-Perrachon's shares surged by 4% to €1.78 on Tuesday, sparked by an in-principle agreement with a majority of its creditors to extend the maturity date for senior secured notes worth €553 million ($591.2 million). The notes, issued by the group's property management entity Quatrim, were originally due in January 2024 but have now been postponed to January 2027.
- Reuters
France's Casino CDS holders gear up for payout as committee declares credit event
A committee that reviews disputes in the credit default swaps (CDS) market on Wednesday ruled that a failure to pay credit event occurred regarding retailer Casino Guichard-Perrachon, paving the way for a payout to investors holding the swaps. The French company is undergoing a restructuring process via court conciliation, which will result in Czech billionaire Daniel Kretinsky taking over Casino and its 6.4-billion euro ($6.86 billion) debt being restructured. A number of circumstances can constitute a credit event that can trigger a payout on CDS, which insure against losses from exposure to corporate or sovereign debt.
