SUPERVALU Completes Amendment and Extension of Its Senior Secured Credit Facilities for $538M (SVU)

SUPERVALU INC. SVU today announced the successful completion of its previously announced plan to amend and extend its existing senior secured credit facilities. Under the terms of the credit facilities, each lender had to determine whether or not to extend the maturity of its term loan B-1 position. The Company closed on $538 million of new and extended commitments to its credit facilities. The term B loans in the amended and extended credit facility are comprised of: * $250 million of term loan B-1 maturing June 2012 * $581 million of term loan B-2 maturing October 2015 * $452 million of term loan B-3 maturing April 2018
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