SUPERVALU INC. SVU today announced that it is seeking the consent of lenders to amend its existing senior secured credit facilities to allow for the extension of its $497 million term loan B-1 from June 2012 to April 2018.
Under the terms of the credit facilities, each lender must determine whether or not to extend the maturity of its term loan B-1 position. The Company expects to complete the amendment in late April.
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