Family Dollar Prices $300M of Senior Unsecured Notes

Family Dollar Stores, Inc. FDO, today announced the successful pricing of $300 million of senior unsecured notes due 2021 with a 5% coupon. This offering marks the first time the Company has accessed the public debt markets. The Company intends to apply the net proceeds of the offering towards the funding of its existing $750 million share repurchase program and otherwise to general corporate purposes.
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Posted In: NewsOfferingsConsumer DiscretionaryGeneral Merchandise Stores
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