ENXTPA:CAConsumer Retailing
Should Carrefour’s (ENXTPA:CA) €500 Million Refinancing Move Reshape Its Free Cash Flow Outlook?
Carrefour SA recently completed a €500 million bond issue maturing in December 2028, attracting very large investor interest and achieving a "BBB" rating from Standard & Poor's.
The proceeds are earmarked to refinance nearly all of Carrefour Brazil's debt, a move expected to boost the Group's free cash flow by around €100 million annually from 2026 and reduce financial expenses.
To assess the impact of this refinancing on Carrefour's investment narrative, we'll explore how it could improve...