Debt

Groupe Casino Announces New Refinancing Plan

French retailer Groupe Casino has announced a new refinancing plan to extend the maturity of its debt and reduce costs. The refinancing plan includes a...

'Strong And Stable Capital' Foundations Set To Boost Spain's DIA

The executive chairman of Spanish retailer DIA, Stephan DuCharme, has said that a newly-agreed capital structure will provide "strong and stable capit...

SIG Prices Notes Worth €1bn For Debt Refinancing

Packaging firm SIG has announced that it has completed the pricing of notes worth €1 billion through its subsidiary SIG Combibloc PurchaseCo S.à...

Campari Group Obtains New Term Debt Facility For Corporate Purposes

Campari Group has entered into a term debt facility agreement for an amount of up to €750 million with a pool of banks for general corporate financing...

Retailer Casino Scraps Dividend As It Pursues Debt-Cutting Plans

French supermarket retailer Casino, which is battling investor concerns over debts and its ability to generate cash, scrapped dividends as it targeted net...

Debt-Laden AB InBev Agrees Sale Of Australian Unit To Asahi

Anheuser-Busch InBev, the world's largest brewer, has agreed to sell its Australian operations to Japan's Asahi and is interested in reviving the stalled f...

Spain's DIA In 'Advanced Conversations' To Refinance Bank Debt

Spanish retail group DIA has said that it has entered into a standby underwriting commitment with Morgan Stanley & Co. International plc, for an am...

Creditor Seeks To Wind Up Kenya's Uchumi Supermarkets Over Debt

A Kenyan company is seeking the dissolution of retailer Uchumi Supermarkets over a 44.8 million shilling debt, according to court documents seen by Reuters...