Dollar General buys back $25 million of 11 7/8%, 12 5/8% notes

By Susanna Moon

Chicago, March 28 - Dollar General Corp. said it repurchased $25 million of the company's 11 7/8% and 12 5/8% senior subordinated notes due 2017 in the fourth quarter.

As previously reported, the 11 7/8% notes were part of the financing for Dollar General's merger with Buck Acquisition Corp., a Tennessee corporation indirectly controlled by investment funds affiliated with Kohlberg Kravis Roberts & Co. LP.

Dollar General is a Goodlettsville, Tenn.-based discount retailer.

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