A&P $225 million 10-year notes talked at 9-9¼%

By Paul A. Harris

St. Louis, Mo., Dec. 13 - The Great Atlantic & Pacific Tea Co., Inc.'s $225 million of seniot notes due 2011 (B2/BB) are talked at a yield of 9-9¼%, according to guidance that emerged Thursday.

The off-the-shelf notes are scheduled to price Friday, according to market sources.

Bookrunner is Lehman Brothers with joint lead Goldman Sachs & Co. and co-managers Morgan Stanley and Scotia Capital.

End

© 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.