Loblaw to Raise $340M in Debt Sale

Loblaw here this week said it would issue around $340 million (U.S.) in medium-term notes.

BRAMPTON, Ontario — Loblaw here this week said it would issue around $340 million (U.S.) in medium-term notes.

The notes pay a fixed rate of 5.22% until maturity in June of 2020. Proceeds of the sale would go toward pre-funding $350 million of indebtedness maturing in January of 2011, the company said.

Read More of Today's Headlines

Sponsored by: Tyson Deli

SN’s Spotlight on Deli/Fresh Meals series profiles large chains and independent retailers who show innovation in their deli and fresh meals departments. Click Here

Twitter Facebook Youtube Iphone APP RSS Feeds Google Plus