SAN BERNARDINO, Calif. — Stater Bros. Holdings here, corporate parent of Stater Bros. Markets, said Tuesday it has completed its private offering of $255 million worth of 7 3/8% senior notes, due in 2018, as part of a plan to refinance some of its existing debt at a lower rate. The company said earlier this month it would issue the bonds and use the capital, along with $132 million in cash and a $145 million loan, to repay about $525 million in bonds with an 8.125% rate due in 2012. The ...
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.