Delhaize to redeem remaining $99.05 million 5.875% notes Jan. 3

By Marisa Wong

Madison, Wis., Dec. 3 - Delhaize Group said it will redeem the rest of its 5.875% senior notes due Feb. 1, 2014 on Jan. 3.

According to a company press release, the notes will be redeemed at a price stated in the note indenture plus accrued interest up to the redemption date.

Following the previously announced cash tender offer that expired on Nov. 29, $99.05 million principal amount of the 5.875% notes remains outstanding.

As reported, the company accepted tenders for $200.95 million of the notes in the tender offer.

Delhaize is a food retailer based in Brussels.

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