GREENVILLE, S.C. — Bi-Lo will likely emerge from Chapter 11 bankruptcy protection under the same owner and executives it entered with almost a year ago. The retailer filed an amended plan of reorganization in federal court this month funded by a $150 million equity investment by its owner, the Dallas-based private equity firm Lone Star Funds, a $200 million new term loan and a working capital facility of $150 million. The plan would pay previous lenders about $260 million — about 94.5% of ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

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 complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.