Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Ahold NV > News item |
Ahold subsidiary tenders for $690 million of 8¼% notes due July 2010
By Susanna Moon
Chicago, June 23 - Ahold said its subsidiary, Ahold Finance USA, LLC, is offering to repurchase any and all of the outstanding $690 million of 8¼% guaranteed senior notes due July 2010.
Ahold will pay $1,053.75 per $1,000 principal amount plus accrued interest to the payment date of July 2.
The offer will expire at 5 p.m. ET on July 1.
The buyback will be funded from existing cash balances.
Global Bondholder Services Corp. (212 430-3774) is the information agent.
Noteholders with questions may call Goldman, Sachs & Co. (800 828-3182).
Ahold is an Amsterdam-based company in the retail trade and food-service businesses.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.