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26 Sep 2019
CASINO GUICHARD: 10 years seems very (too) long to pay off Rallye’s debt | NEUTRAL | EUR38(-18%)
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CASINO GUICHARD: 10 years seems very (too) long to pay off Rallye’s debt | NEUTRAL | EUR38(-18%)
Casino, Guichard-Perrachon SA (CO:PAR) | 0 0 0.8% | Mkt Cap: 5,066m
- Published:
26 Sep 2019 -
Author:
Clement Genelot -
Pages:
3
CASINO GUICHARD - NEUTRAL | EUR38(-18%)
10 years seems very (too) long to pay off Rallye’s debt
Confirmed intention to submit a 10-year debt rescheduling plan…
…by the end of Q1 2020
Such long-term rescheduling is not the preferable option to us…
…since a lot of external factors could jeopardise the plan over 10 years