GRAND RAPIDS, Mich. — Spartan Stores here yesterday said it will offer $75 million in convertible senior notes due in 2027 in a private placement. Spartan said it intends to use the proceeds from the offering to pay down its revolving credit facility and for working capital, capital expenditures and other general corporate purposes. The proceeds may also be used to fund the previously announced acquisition of Felpausch retail stores. Read More of Today's Headlines

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.