Supervalu Seeks to Extend Debt

MINNEAPOLIS — Supervalu here said it is seeking to amend its existing senior secured credit facilities to allow the company to extend a $497 million term loan.

MINNEAPOLIS — Supervalu here said it is seeking to amend its existing senior secured credit facilities to allow the company to extend a $497 million term loan.

The company is seeking lender approval by the end of this month for the extension, from June 2012 to April 2018.

Supervalu's loans and bonds priced higher after the announcement, according to reports.

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