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Pathmark to repay some term debt with $100 million bond sale proceeds
By Sara Rosenberg
New York, Sept. 12 - Pathmark Stores Inc. plans to repay a portion of its term loan with proceeds from a $100 million add-on bond offering to its 8.75% senior subordinated notes due 2012.
The bond sale is expected to close on Sept. 19.
Pathmark is a Carteret, N.J. supermarket chain.
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