Corporate Bond Comments

Rating: Baa3/BBB-

Rating: Baa2/BBB/BBB

Rating: A3/A-

Guarantor: Urenco

Rating: -/BBB-/BBB-

French supermarket business Groupe Casino is buying back Eu800m of three of its bonds, in a liability management exercise led by BNP Paribas, Calyon, Natixis, Royal Bank of Scotland and Société Générale. It is offering to buy back parts of its Eu700m 6% 2012 bond, its Eu1.2bn 6.375% 2013 issue and its Eu500m 7.875% 2012 deal.

Rating: Baa1/BBB+

Rating:

Tranche 1: Sfr700m

Rating: Ba1/BBB

Rating: A-

Rating: Baa1/BBB+/BBB+