NEWS WATCH

FOOD LION, Salisbury, N.C., said last week it plans an offering of up to $300 million in debt securities later this month, with the proceeds earmarked to retire certain other indebtedness. The company said the securities would also extend the average maturity of the company's outstanding debt from two years to 12 years.sers of Fleming common stock between March 1995 and March 1996, charged the company

FOOD LION, Salisbury, N.C., said last week it plans an offering of up to $300 million in debt securities later this month, with the proceeds earmarked to retire certain other indebtedness. The company said the securities would also extend the average maturity of the company's outstanding debt from two years to 12 years.

sers of Fleming common stock between March 1995 and March 1996, charged the company and its president, Robert E. Stauth, with misrepresenting or omitting material info

Register to view the full article

Already a member? .