Rallye welcomed with €2.3bn book, deal goes benchmark

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Rallye welcomed with €2.3bn book, deal goes benchmark

Rallye, the unrated French holding company that owns 49% of Casino, the French supermarket chain, and 90% of retailer Groupe Go Sport, launched a bond issue today that investors jumped on, relishing its 4% yield. The €300m issue was increased to €500m.

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