Roundy's amends loan to allow for dividend payment, revolver upsizing

By Sara Rosenberg

New York, May 25 - Roundy's Inc. amended its $375 million credit facility, allowing for the payment of a one-time cash dividend on its capital stock in an amount up to $85 million and allowing for an increase in revolver commitments of up to $25 million to prepay, repurchase or redeeem a portion of its senior subordinated notes, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

The amendment was completed on May 20.

Bear Stearns is the administrative agent on the deal.

Roundy's is a Pewaukee, Wis., food retailer and wholesaler.

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