E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers I > Headlines for Ingles Markets Inc. > News item
Published on 6/14/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Ingles Markets to redeem 5¾% notes due 2023

By Rebecca Melvin

Concord, N.H., June 14 – Ingles Markets, Inc. plans to redeem in full its outstanding 5¾% senior notes due 2023 with proceeds of an offering of 10-year senior notes, according to a news release.

The $350 million proceeds are also being used pay down the company’s outstanding balance on a line of credit.

The new notes are being sold by joint bookrunners BofA Securities Inc., Truist Securities Inc. and J.P. Morgan Securities LLC.

The supermarket chain is based in North Carolina.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.