Casino Group has today canceled a nominal amount of €8,962,000 of the Quatrim 2024 covered bond. This cancellation was made following redemptions on the market.
The total nominal amount of the Quatrim 2024 covered bond was thus reduced to €730,920,000.
Redemptions of the Quatrim 2024 covered bond were funded by the senior secured escrow account. As of September 29, 2022, the balance of the secure senior escrow account stood at €77.5 million.
Copyright (c) 2022 CercleFinance.com. All rights reserved.