Report
Anne-Barbara Nicco

Casino : When a plan comes together

The anticipation of massive debt redemptions has underpinned our recommendations on Casino for over a year now. Given the recent spate of news around this topic and the sharp tightening of yields, towards levels now in line with the rating, or even below, we are revising almost all our recommendations and advise to subscribe to the new 2026 issue (price talk: 7% area). - >Refinancing combined with a generous tender offer to speed up debt reduction, boost liquidity, and thu...
Underlying
Casino Guichard-Perrachon SA

Casino Guichard-Perrachon is a food retailer based in France. Co. operates hypermarkets, supermarkets, discount stores, convenience stores and cafeterias. Co.'s stores are discount stores selling groceries and consumer goods, and providing services like financial and insurance services, real estate, and restaurants. Co. operates hypermarkets under the brand Geant Casino; urban and rural supermarkets under the brand Casino Supermarches; city-centre supermarkets under the brand Monoprix; convenience/national superettes under the brands Petit Casino, Vival and Spar; covenience-paris area stores under the brand Marche Franprix; and discount stores under the brand Leader Price.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anne-Barbara Nicco

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