Casino tender keeps corporate in tick-over
Casino Guichard-Perrachon released fresh guidance for its 8.5-year bond issue on Tuesday. At 150bp over mid-swaps, it is 10bp above where the company was pitching the deal last week when it had to be postponed. The transaction, expected this week, is part of an exchange — as is the only other issue on the cards, a Eu500m deal for Aéroports de Paris. Read EuroWeek on Friday for the latest on these deals and on the prospects for Europe’s corporate bond market.
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