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France s indebted Casino set for battle of billionaires

By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS (Reuters) - Jean-Charles Naouri is set to lose his 30-year grip on debt-laden Casino unless he can come up with cash to see off rival bids for the French retailer, investment bankers and analysts said. French tycoon Xavier Niel and Czech billionaire Daniel Kretinsky are involved in two competing 1.1 billion euro ($1.2 billion) bids

UPDATE 4-France s indebted Casino set for battle of billionaires

Two 1.1 bln euro bids competing for Casino No favored bid -government official Only the start of long race -banker (Adds Casino's Fimalac-related statement in 18th paragraph) By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS, June 14 (Reuters) - Jean-Charles Naouri is set to lose his 30-year grip on debt-laden Casino unless he can come up with cash to see off rival bids

Spain s BBVA launches first AT-1 bonds issue since Credit Suisse crisis

Spain s BBVA said on Tuesday it reopened the market with the issuance of the first contingent convertible bond since the rescue of Credit Suisse in March 2023. The bank said it aimed to. | June 13, 2023

BBVA, Bank of Cyprus launch first AT1 euro bonds since Credit Suisse rescue

Spain s BBVA and Bank of Cyprus reopened the market with the issuance of the first euro-denominated contingent convertible bonds since the rescue of Credit Suisse in March, in what is seen as. | June 13, 2023

UPDATE 1-BBVA, Bank of Cyprus launch first AT1 euro bonds since Credit Suisse rescue

Spain's BBVA and Bank of Cyprus reopened the market with the issuance of the first euro-denominated contingent convertible bonds (CoCo) since the rescue of Credit Suisse in March, in what is seen as an attempt to restore confidence in the banks' riskiest debt instruments.

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