Sobeys to Raise $145M in Debt Sale

Sobeys said it would issue about $144.5 million (U.S.) in medium-term notes.

STELLARTON, Nova Scotia — Sobeys here said it would issue about $144.5 million (U.S.) in medium-term notes.

The notes, expected to be issued June 6, will bear interest of 6.64% over a 30-year term. Sobeys said it would use the proceeds for general corporate purposes.

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