SUPERVALU INC. announced it has successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement. The amendment reduces the interest rate margin from 4.0 percent to 3.5 percent while the LIBOR floor remains at...
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February 03, 2014, 07:42 AM
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SUPERVALU INC. has successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement. The amendment reduces the interest rate margin from 5.0 percent to 4.0 percent and reduces the LIBOR floor from 1.25 percent...
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May 17, 2013, 07:23 AM
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Fitch Ratings has upgraded its Issuer Default Rating (IDR) on SUPERVALU Inc. (SVU) to 'B-' from 'CCC'. Fitch has also assigned ratings of 'BB-/RR1' to SVU's new $900 million asset-based lending (ABL) facility and $1.5 billion secured term loan. The...
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February 19, 2013, 08:11 AM
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Wells Fargo Capital Finance acted as left lead arranger and administrative agent and, together with the other arrangers, underwrote a $1.65 billion senior secured, asset-based revolving credit facility for SUPERVALU INC. The facility refinances a...
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September 06, 2012, 06:00 PM
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