WHITE PLAINS, N.Y. — The judge in A&P’s Chapter 11 bankruptcy case in a hearing here Tuesday approved a $750 million exit financing plan for the retailer. The approval paves the way for A&P to operate as a privately held company after exiting Chapter 11 as soon as next month. The financing package consists of a $400 million revolving loan and a $350 million term loan from J.P. Morgan Chase and Credit Suisse. In related news, several parties filed objections to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.