Smart & Final to launch $594.9 million term B extension on Thursday

By Sara Rosenberg

New York, Sept. 7 – Smart & Final Stores Inc. is scheduled to hold a lender call at 10:30 a.m. ET on Thursday to launch an extension of its $594.9 million senior secured term loan B, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the deal.

The term loan B currently matures in November 2019.

Smart & Final is a Commerce, Calif.-based warehouse-style, no membership fee, multi-format retailer serving households and smaller businesses.

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