The Pantry (PTRY) Proposes $250M Senior Debt Offering

July 20, 2012 7:31 AM EDT
Get Alerts PTRY Hot Sheet
Trade PTRY Now!
Join SI Premium – FREE
The Pantry, Inc. (NASDAQ: PTRY) today announced that it is proposing to issue $250 million in senior unsecured notes due 2020 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Company intends to use the proceeds from the offering, together with borrowings under a new term loan and available cash, to repay its outstanding term loans and senior subordinated notes.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News

Add Your Comment