Metro plans redemption of 4.98% series A notes at end of December

By Jennifer Chiou

New York, Dec. 2 – Metro Inc. announced the full redemption of its 4.98% series A medium-term notes due Oct. 15, 2015.

The notes will be redeemed at a redemption price of C$1,029.28 per C$1,000 principal amount on Dec. 31, plus accrued interest to the redemption date.

The notes were issued on Oct. 12, 2005.

The company previously said it would use proceeds from its offering of C$600 million of seven-, 30-year senior notes to finance the redemption.

Questions may be directed to Computershare Trust Co. of Canada (514 982-7888 or fax 514 982-7635).

The grocery and pharmaceutical drugstore chain is based in Montreal.

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