Casino refi tightens pricing as investors shrug off Rallye overhang

Ricochet64 - stock.adobe.com

Leads have tightened pricing and increased the size of Casino’s maturity-pushing loan and bond refi, with investors keen to buy the company’s turnaround story and looking past the troubles of holding company Rallye, which needs to find a big slug of cash to pay bondholders in 2023.