NOTE PAYMENT DEFERRED, CREDIT EXTENDED FOR BIG V

FLORIDA, N.Y. -- Big V Supermarkets here said it has deferred payment of a $6.7 million term note principal payment that was due Oct. 31 until Jan. 31 so it can refinance its credit facility. s scheduled to expire Oct. 31, has been extended to Jan. 31.Big V also prereleased sales for the third quarter and 40 weeks ended Oct. 3, although it said it would not release earnings until next Nov. 18.The

FLORIDA, N.Y. -- Big V Supermarkets here said it has deferred payment of a $6.7 million term note principal payment that was due Oct. 31 until Jan. 31 so it can refinance its credit facility.

s scheduled to expire Oct. 31, has been extended to Jan. 31.

Big V also prereleased sales for the third quarter and 40 weeks ended Oct. 3, although it said it would not release earnings until next Nov. 18.

The company said sales rose 5.9% to $251 million for the 16-week quarter

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