Rallye SA (GENC.PA)
16 Oct 2018
PARIS Two of France's biggest supermarket groups were locked in a dispute on Monday after Casino said it had rejected a tie-up approach from larger rival Carrefour that Carrefour denied ever making.
* Carrefour/Casino shares: https://reut.rs/2MVyoZm (Adds comments from sources, analysts and further detail)
* Rallye shares up 7 pct, Casino up 3 pct, Rallye's bonds jump
* ANNOUNCED ON SUNDAY IT HAS SIGNED A CONFIRMED CREDIT FACILITY MATURING JUNE 30TH, 2020 FOR EUR 500 MLN WITH FIVE OF ITS CORE BANKS: BNP PARIBAS, CREDIT AGRICOLE CIB, CREDIT INDUSTRIEL ET COMMERCIAL, HSBC AND NATIXIS
* Parent company Rallye faces debt refinancing deadline in Oct (Writes through, recasting with S&P, adding context on debt financing concerns and updating share price move)