AMSRTERDAM -- Ahold said it had repurchased around $148 million in outstanding notes and bonds as part of a debt reduction program. The company said the repurchased notes and bonds represent approximately 8.9% of the outstanding amount due on bonds maturing in May 2008 and 11.7% remaining due on bonds maturing in December 2007. The buyback leaves outstanding amounts of $1.3 billion on the 2008 bonds and $161 million on the 2007 notes.
SIGN IN TO ACCESS THIS ARTICLE
Registering for Premium Content on Supermarket News will give you INSTANT access 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’s FREE, easy and quick.