MATTHEWS, N.C. — Ruddick Corp. here, the parent of the Harris Teeter supermarket chain, yesterday said it has entered a new, $450 million credit agreement with a consortium of banks. The new agreement calls for the banks to offer a $350 million, five-year revolving credit facility and a $100 million term loan due Dec. 20, 2012. The credit facility includes the option for a $100 million increase and two one-year options to extend the maturity, both requiring the consent of the lenders. The ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

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.