Content about Refinancing

June 10, 2013

Rite Aid projected that it would turn a profit in the first quarter of fiscal year 2014, results of which it will announce next week.

Camp Hill, Pa. -- Rite Aid projected that it would turn a profit in the first quarter of fiscal year 2014, results of which it will announce next week. The company has also moved to refinance its debt, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also

The retail pharmacy chain said it would buy $500 million worth of 7.5% Senior Secured Notes, due 2017, using the proceeds from a $500 million second lien term loan.

The offer will expire on July 5 unless it's extended, the company said.

July 12, 2012

The Pantry said that it is pursuing debt refinancing consisting of up to $480 million of senior secured credit facilities and $250 million aggregate principal amount of senior notes.

Cary, N.C. -- The Pantry said Thursday that it is pursuing debt refinancing consisting of up to $480 million of senior secured credit facilities and $250 million aggregate principal amount of senior notes.

January 4, 2011

On the heels of Monday’s announcement that Borders Group is delaying payments to some of its vendors, the bookseller said Tuesday that two senior-level executives have departed.

New York City -- On the heels of Monday’s announcement that Borders Group is delaying payments to some of its vendors, the bookseller said Tuesday that two senior-level executives have departed.

Thomas Carney, general counsel, and D. Scott Laverty, chief information officer, both resigned from their posts Monday evening.

The news was disclosed in a Securities and Exchange Commission filing Monday. Borders told the Wall Street Journal that the departures were part of its previously disclosed efforts to improve liquidity.

January 3, 2011

Borders Group is delaying payments to some of its vendors, a company spokeswoman said on Thursday.

New York City -- Borders Group is delaying payments to some of its vendors, a company spokeswoman said on Thursday. The news came just weeks after the company said it was trying to obtain new financing to avoid violating the terms of its credit agreements early next year.

"As part of this potential refinancing, Borders has determined that it is necessary to restructure its vendor financing arrangements and is delaying payments to certain of its vendors," Borders spokeswoman Mary Davis said by phone, in a Reuters report.

August 1, 2010

Centro Properties Group reported that it will extend and refinance $2.7 billion of loans in...

June 29, 2010

Jones Apparel Group said Tuesday it has renegotiated the terms of its $650 million senior...

June 23, 2010

Blockbuster agreed to add dissident shareholder Gregory S. Meyer as a director and said it’s...

October 18, 2009

Rite Aid Corp. said Monday it has moved closer to refinancing the rest of its...