BRUSSELS — Delhaize Group here said Thursday that its Delhaize America subsidiary had completed the repurchase of $1.1 billion in notes with funds generated from new note placements also completed this week. “This tender offer and related refinancing have improved substantially our financial flexibility and debt profile,” Pierre-Olivier Beckers, president and chief executive officer of Delhaize, said in a statement. The tender offer comprised senior notes due in 2011 and other debts due in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for 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. 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.