Supervalu said Friday it has completed the re-pricing, amendment and extension of its $1 billion asset-based revolving credit facility CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. The company said the amendment reduces the facility’s interest rates to LIBOR (London Inter-Bank Offered Rate, the average interest rate estimated by leading banks that would be charged if borrowing from other banks) plus 1.5% to 2% and prime plus 0.5% to 1%, depending on ...
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