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Casino, Guichard-Perrachon S.A. (CGUIF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.0325+0.0050 (+18.18%)
At close: 10:07AM EDT
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Trade prices are not sourced from all markets
Previous Close0.0275
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0325 - 0.0325
52 Week Range0.0280 - 9.3000
Avg. Volume15,077
Market Cap1.613B
Beta (5Y Monthly)0.74
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 09, 2019
1y Target EstN/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.


    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.