Content about Debt Financing

September 16, 2013

Sears Holdings is hoping to obtain a new loan in order to reduce borrowings from an older loan agreement, the company said Monday.

September 10, 2013

Private investment firm Yucaipa Cos., which was founded by billionaire Ron Burkle, has announced that it plans to acquire Fresh & Easy Neighborhood Market from U.K.-based Tesco PLC.

July 22, 2013

Following its announcement to acquire Harris Teeter Supermarkets in a deal valued at $2.5 billion made earlier this month Kroger plans to raise $1 billion through the issuance of two bonds, the Cincinnati Business Courier reported Friday.

July 18, 2013

In a filing with the Securities and Exchange Commission Wednesday, the Quebec-based pharmacy retailer announced that it would sell 65.4 million shares in Rite Aid at a price of $183.1 million.

July 2, 2013

Rite Aid has finished a buyback program for more than $800 million worth of debt using proceeds from a sale of notes that allow the company to borrow at a lower interest rate, the retail pharmacy chain said Tuesday.

June 19, 2013

Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

May 17, 2013

Supervalu successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement.

March 21, 2013

Supervalu announced the completion of the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium, in a stock deal valued at $3.3 billion, including $100 million in cash and $3.2 billion in debt assumption.

December 27, 2012

CVS Caremark has announced the final results of its previously announced cash tender offers commenced on Nov. 26, 2012 of its 6.6% senior notes due 2019 and up to a maximum amount of its 6.125% senior notes due 2016 and 5.75% senior notes due 2017.

July 26, 2012

It’s Academic has launched its new Re:writes dry erase notes.

May 15, 2012

Rite Aid has closed an offering of new debt from which it plans to generate funding for a buyback of older debt, the retailer said Tuesday.

April 17, 2012

Two weeks after Avon rejected Coty’s bid to snap up the company in a deal valued at $10 billion, Coty is reaffirming its interest in Avon and is urging Avon shareholders to push for the offer.

March 8, 2012

Rite Aid same-store sales increased by 3.1% in February, including a 1.9% increase in front-end comps and a 3.7% increase in pharmacy comps, the company said Thursday.

February 27, 2012

Rite Aid has closed a bond offering that it issued earlier this month to refinance its debt, the company said Monday.

February 14, 2012

Rite Aid is offering $481 million in eight-year senior notes to refinance debt that is scheduled to be due in three years, the retail pharmacy chain said Tuesday.

November 15, 2011

Beauty company Physicians Formula Holdings has completed the previously announced refinancing of its subordinated debt held by Mill Road Capital, and expects interest expense to be reduced by $1.5 million for the first 12 months, following the refinancing.

April 19, 2011

Tria Beauty, which creates at-home light-based skin care products, has announced the completion of $27 million in equity and $10 million in debt financing to help support the continued growth of the company and global commercialization of its light-based skin care products.

February 1, 2011

WOONSOCKET, R.I. — The next chapter for CVS Caremark officially is under way. The company last month officially named Larry Merlo CEO, effective March 1. Tom Ryan will remain nonexecutive chairman until his retirement in May. Prior to the news, Merlo had been president and COO.

September 23, 2010

Drug maker Warner Chilcott will buy the U.S. rights to a treatment for overactive bladder...

September 12, 2010

Rite Aid’s road back to black still is long and pocked with challenges, but it’s...

August 18, 2010

Rite Aid on Thursday announced that it successfully completed its previously announced refinancing transactions that...

August 9, 2010

Shortly after announcing initiatives for its credit facilities, Rite Aid late Monday released the terms...

August 2, 2010

Rite Aid on Tuesday announced that the New York Stock Exchange has notified the company...

July 18, 2010

Cards are a key area of opportunity in the photo department. Dimitrios Delis, director of...

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