Ahold Offers Loan to Bi-Lo

Ahold has filed court papers urging U.S. Bankruptcy Court to deny a $100 million proposed financing package for Bi-Lo, offering its former division a $35 million loan instead.

GREENVILLE, S.C. — Ahold has filed court papers urging U.S. Bankruptcy Court here to deny a $100 million proposed financing package for Bi-Lo, offering its former division a $35 million loan instead. Ahold, which sold Bi-Lo to Lone Star Holdings in 2005 and remains a landlord for the retailer, said that GE Financial’s $100 million lending

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