GOODLETTSVILLE, Tenn. — Dollar General plans to raise $1.9 billion in a series of debt offerings that will finance its pending takeover by Kohlberg Kravis Roberts. The retailer here said it would have approximately $5.4 billion in debt at the time of the merger. The debt will consist of notes offered in a three-part sale next week including $625 million in senior cash-pay notes and $725 million in senior pay-in-kind toggle notes that have interest payable in cash or in additional notes. The ...
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.