Company profile page for Casino Guichard Perrachon SA including stock price, company news, press releases, executives, board members, and contact information. Casino Group: Partial Cancellation Of 2022 And 2023 Notes. Sept 22 (Reuters) - Casino Guichard Perrachon SA::REG-CASINO GROUP: PARTIAL CANCELLATION OF 2022 AND 2023 NOTES.TODAY CANCELLED.

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1. Casino Group or Casino Guichard-Perrachon is a French mass-market retail group. It was founded on 2 August 1898 by Geoffroy Guichard under the corporate name Guichard-Perrachon & Co. 1 Casino Group is the source of many innovations such as the first distributor's brand in 1901, 2 the first self-service store in 1948 3 or even the display.
2. Bienvenue sur le site du Groupe Casino. Share price 25,28€ +0,48%. Presentation; Banners and activities; Governance.

Standard & Poor’s rating for Casino Guichard-Perrachon long term debt is B with a negative outlook.

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For further information, please visit S&P’s website at www.standardandpoors.com.

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Moody’s Investors Service rating for Casino Guichard-Perrachon long term debt is B3 with a stable outlook.

For further information, please visit Moody’s website at www.moodys.com.

On 30th November 2017, the Group cancelled its agreement with the rating agency Fitch Ratings and the effective withdrawal of the ratings occurred on 12th January 2018. Fitch affirmed the long term debt rating at BB+ with a stable outlook.

September 13^th, 2019

Casino Group pursues the implementation of its simplification project in Latin America by signing agreements with GPA and Éxito in view of the forthcoming launch by GPA of an all-cash tender offer on Éxito

Casino announces the successful completion of the corporate approvals necessary to the launch by GPA of an all-cash tender offer on Éxito and the acquisition by Casino of the shares held by Éxito in Segisor (which itself holds directly and indirectly 99.9% of the voting rights and 37.3% of the economic rights in GPA).

Yesterday, Éxito’s Board of Directors (unanimously) and Éxito’s General Shareholders’ Meeting approved the sale to Casino of all shares held by Éxito in Segisor in the terms announced on August 19^th, 2019.

Accordingly, Casino has signed:

• A pre-agreement with GPA pursuant to which (i) GPA shall launch, through a wholly-owned subsidiary, an all-cash tender offer to acquire up to 100% of Éxito at 18,000 COP per share and (ii) Casino shall tender its entire stake (55.3%);
• The share purchase agreement with Éxito pursuant to which Casino would acquire the shares held by Éxito in Segisor.

The closing of the share purchase agreement with Éxito is subject to the allocation (Adjudicación) of GPA’s tender offer on Éxito.

CASINO GROUP

ANALYST AND INVESTOR CONTACTS:

Régine GAGGIOLI - rgaggioli@groupe-casino.fr - +33 (0)1 53 65 64 17
Or
+33 (0)1 53 65 24 17 - IR_Casino@groupe-casino.fr

PRESS CONTACTS:

Casino Group – Direction of Communication
Stéphanie ABADIE - sabadie@groupe-casino.fr - +33 (0)6 26 27 37 05
Or
+33(0)1 53 65 24 78 - directiondelacommunication@groupe-casino.fr

Agence IMAGE 7
Karine ALLOUIS - kallouis@image7.fr
Grégoire LUCAS - gregoire.lucas@image7.fr
- 33(0)1 53 70 74 84

Disclaimer

This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Similarly, it does not give and should not be treated as giving investment advice. It has no connection with the investment objectives, financial situation or specific needs of any recipient. No representation or warranty, either express or implicit, is provided in relation to the accuracy, completeness or reliability of the information contained herein. It should not be regarded by recipients as a substitute for exercise of their own judgement. All opinions expressed herein are subject to change without notice.

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