French supermarket owner offers to buy back bonds

04/20/2010 | Bloomberg Businessweek

Casino Guichard-Perrachon, the largest supermarket owner in Paris, is offering bondholders the option of exchanging their debt for longer-dated bonds or tendering the notes to deal manager BNP Paribas. The retailer, which is based in Saint-Etienne, France, is looking to exchange or repurchase up to €700 million of debt.

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