ENXTPA:CAConsumer Retailing
Carrefour Debt Shuffle Links Sustainability Targets With Equity Story And Risks
Carrefour completed a debt management operation involving a tender offer on existing notes.
The company repurchased and cancelled part of its outstanding bonds.
Carrefour issued new sustainability linked notes as part of the transaction.
For investors following Carrefour (ENXTPA:CA), this debt move comes with the stock trading around €16.725 and showing a 16.1% gain year to date and 38.4% over the past year. Over three and five years, the share price shows returns of 23.8% and 28.3%. This...