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DISTRIBUTION. OF. TAX. PROCEEDS. Of considerable interest is the distribution of the various license fees and taxes that are imposed on the casino.


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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR The Casino Group (the “Group”) launches today a secured bond issue.


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The offering memorandum related to the Notes has not been prepared in the context of a public offering other than to qualified investors in France within the meaning of Article L. Subscribe via ATOM. Subscribe via RSS. Groupe Casino Logo. This press release and the offering memorandum related to the notes are directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Consequently, the Notes are not being offered directly or indirectly to the public in France other than to qualified investors and the offering memorandum has not been distributed or caused to be distributed and will not be distributed or caused to be distributed to the public in France other than to qualified investors. The Group will inform the market of the progress of its refinancing project. Securities Act of , as amended the " Securities Act " , or any U. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The proceeds of the bond issue could be deposited in an escrow account until signing of the new syndicated revolving facility, at which time the funds of the term loan will also be made available to the Group. This press release may include forward looking statements. GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.{/INSERTKEYS}{/PARAGRAPH} This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security in any jurisdiction and shall, in any circumstance, not constitute an offer, solicitation or sale in the United States or in any jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful. The Notes have not been and will not be registered under the U. Any public offering of securities to be made in the United States will be made by means of an offering memorandum that may be obtained from the Issuer and that will contain detailed information about the Issuer, the Group and its management, as well as financial statements. Email Print Friendly Share. Bond investors will benefit from certain securities, in particular on the IGC shares, as well as unsecured guarantees from other Group entities, in particular Casino, Guichard-Perrachon 2. Register Sign In. Formats available: Original Medium Small. Accordingly, the Notes are being offered and sold in the United States only to i qualified institutional buyers in accordance with Rule A under the Securities Act and ii to non-U. The Offering is being made by means of an offering memorandum. No action has been, or will be, taken in any jurisdiction including the United States by the Issuer that would result in a public offering of the Notes or the possession, circulation or distribution of any offering memorandum or any other material relating to the Issuer or the Notes in any jurisdiction where action for such purpose is required. The direct or indirect distribution to the public in France of the Notes so acquired may be made only as provided by Articles L. {PARAGRAPH}{INSERTKEYS}Casino Group announces the launch of a secured bond issue as part of its refinancing plan. The completion of these refinancing transactions is expected to occur in the coming weeks. The forward-looking statements and information contained in this announcement are made as of the date hereof and the Group undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Any investment or investment activity to which this press release and the offering memorandum related to the Notes relate is available only to relevant persons and will be engaged in only with relevant persons. Groupe Casino.