In order to refinance its debt, Alain Afflelou, the French optical retailer has reportedly emitted a new series of high-yield bonds for a total of €485 million, coming for the most part to maturation in 2026 at a rate of 4.25 percent. The company already went through a similar operation in 2017 for a total of €425 million. The new emission should allow the French retailer to pay back the first series of high-yield bonds maturing in 2024 as well as €30 million State guarantee-supported loan.