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Thursday, Aug 30
2012, 5:57 PM
Supervalu (SVU) says it's successfully completed two debt financing transactions, totaling...
Supervalu (SVU) says it's successfully completed two debt financing transactions, totaling $2.5B. The debt is structured in a new five-year $1.65B asset-based revolving credit facility, secured by the Company’s inventory, credit card receivables and certain other assets, and a new six-year $850M term loan, secured by a portion of the Company’s real estate and equipment.