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 ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.