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Safeway Enters Credit Pact way here said it has entered into a new unsecured bank credit agreement with a group of 29 banks in the United States and Canada. Under the agreement, Safeway may borrow up to $1.15 billion, including up to $400 million in Canadian dollars. The company said it expects to use borrowings under the agreement for general corporate purposes. Safeway said the agreement provides

Safeway Enters Credit Pact

way here said it has entered into a new unsecured bank credit agreement with a group of 29 banks in the United States and Canada. Under the agreement, Safeway may borrow up to $1.15 billion, including up to $400 million in Canadian dollars. The company said it expects to use borrowings under the agreement for general corporate purposes. Safeway said the agreement provides more flexible covenants than its previous bank facilities, as well as an extended

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