EU: Delhaize announces debt tender offer
The purpose of the offer is to manage the debt maturity profile of Delhaize Group. The offer is being made only outside the United States, and no tenders from the United States will be accepted. Any notes purchased by the Group pursuant to the offer will be cancelled and will not be reissued or resold.
In combination with the offer, Delhaize Group currently intends to issue new fixed rate notes, denominated in a currency to be determined, subject to market conditions. The offer is not contingent on the successful completion of the issue of the New Notes. The Company may, in its sole discretion, extend, re-open, amend and/or terminate the offer at any time (subject to applicable law and as provided in the Company's tender offer memorandum for the offer (the "Tender Offer Memorandum")).
Source: www.reuters.com
