Bashas' Refinances Post-Bankruptcy Debt Structure

CHANDLER, Ariz. — Bashas' here said Friday it has refinanced its secured debt with a new lender group, enabling it to restructure the debt faster than originally planned.

The company said the refinancing will allow it to operate under normal business circumstances instead of relying solely on its own cash, providing more financial security and stability.

Bashas' emerged from a voluntary Chapter 11 filing in August 2010

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