Dole Food to repay bank debt with proceeds from $400 million note sale

By Sara Rosenberg

New York, May 13 - Dole Food Co. Inc. plans to use proceeds from a $400 million senior note offering to repay senior secured bank debt.

Dole is a Westlake Village, Calif. producer and marketer of fresh fruit, fresh vegetables and fresh-cut flowers, and markets a growing line of packaged foods.

Alaska Communications prepays $106.7 million bank debt

New York, May 13 - Alaska Communications Systems Group, Inc. prepaid $106.7 million of its senior bank credit facility using proceeds from the recent sale of a majority interest in its directories business.

The prepayment was made as a condition of an amendment and waiver to the company's credit agreement to permit the sale of its directories business.

Alaska Communications Systems is an Anchorage, Alaska communications provider.

© 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.