Stater Bros. calls $285 million of 7¾%, $255 million of 7 3/8% notes

By Tali Rackner

Norfolk, Va., May 14 - Stater Bros. Holdings Inc. issued a notice that it will redeem its $285 million of 7¾% senior notes due April 2015 and $255 million of 7 3/8% senior notes due November 2018, according to a 10-Q filing with the Securities and Exchange Commission.

The notes will be redeemed on June 11.

The redemption will be funded with the proceeds from a new credit agreement and cash on hand.

Stater Bros. is a Bernardino, Calif.-based supermarket chain.

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