A&P Raises $260M in Debt Offering

A&P raised $260 million in a debt offering last week, the company here said.

MONTVALE, N.J. — A&P raised $260 million in a debt offering last week, the company here said.

The size of the deal was increased from original goal of $225 million. The notes, yielding 12%, are due in 2015. The company said it would use the proceeds to retire existing debt and for general corporate purposes.

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