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Casino Group Flags Potential Amendments to Quatrim Bonds Under In-principle Deal with Bondholders

MT Newswires·09/22/2026 00:57:40
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12:57 AM EDT, 09/22/2026 (MT Newswires) -- Casino, Guichard-Perrachon (CO.PA) said Monday that it secured an in-principle agreement from certain holders of bonds issued by its Quatrim subsidiary regarding potential amendments to the debt. Holders representing 35% of the Quatrim bonds agreed to extend the maturity to January 2029 from January 2028, release Ségisor from guaranteeing the debt, and a 10 million-euro repayment at closing, among other changes to the terms of the bonds. The French retailer expects to finalize the binding deal for the amendments in the coming weeks. The agreement is part of the group's efforts to fortify its financial structure.