Content about Refinancing

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...