Kroger and Roundy’s have announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy’s for $ 3.60 per share in cash—about $ 178 million in … Continue Reading →
Fitch Ratings, Chicago, said Friday it has upgraded the debt ratings for Supervalu, with a stable outlook, based on the wholesaler’s improved top-line performance over the past year. read more … Continue Reading →
A&P, Montvale, N.J., said Thursday it has completed a refinancing of its existing senior debt — a covenant-free arrangement the company said “provides for a significant reduction in interest expense … Continue Reading →
Fitch Ratings, Chicago, said Thursday it has affirmed the debt ratings for Kroger Co., Cincinnati, with a stable outlook. read more Supermarket News
Moody’s Investor Service, New York, said Wednesday it has assigned first-time debt ratings to New Albertsons, Inc. — with a stable outlook — pending NAI’s proposed acquisition of Safeway’s Eastern … Continue Reading →
Forty-six percent anticipate increased financial strain; 33% expect increased difficulty in meeting monthly expenses. read more Supermarket News
NEW YORK — The decision by Bi-Lo Holdings Finance LLC to increase a term loan on proposed senior notes will be credit negative, Moody’s Investors Service here said, though it … Continue Reading →
LOS ANGELES — Unified Grocers here said Tuesday it has completed a refinancing of its senior credit facilities, including the replacement of its existing revolving credit facility and the pay-down … Continue Reading →
NEW YORK — Moody’s Investors Service here said Friday it has assigned a B2 rating to the proposed $ 625 million senior secured term loan and $ 60 million senior … Continue Reading →
NEW YORK — Moody’s Investors Service here said concerns over Nash Finch Co.’s military supply business and its independent customer base have prompted the debt-ratings agency to lower its outlook … Continue Reading →
