FARM FRESH HAS DEADLINE TO DECIDE ON DEBT STRATEGY

NORFOLK, Va. -- Farm Fresh here said last week it has just under a year to decide what course to take to extricate itself from its debt burden.Ron Johnson, president and chief operating officer, said the ultimate deadline for any decision on the chain's long-term future is April 1, 1998, when the company will have to make a cash payment of more than $19 million.However, high-yield securities analysts

NORFOLK, Va. -- Farm Fresh here said last week it has just under a year to decide what course to take to extricate itself from its debt burden.

Ron Johnson, president and chief operating officer, said the ultimate deadline for any decision on the chain's long-term future is April 1, 1998, when the company will have to make a cash payment of more than $19 million.

However, high-yield securities analysts and other observers contacted by SN said a decision is more likely to come

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