PLEASANTON, Calif. — Safeway here said Tuesday that it has entered into a new four-year, $1.5 billion revolving credit facility, effective June 1. The facility replaces a $1.6 billion facility that would have matured on June 1, 2012. Up to $250 million of the revolving credit facility is available for borrowings by Safeway's Canadian subsidiary. The facility will be used for general corporate purposes. A group of 25 banks will participate. "We are very pleased with the tremendous support ...
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