LOBLAW TO RAISE $340M IN DEBT SALE
BRAMPTON, Ontario — Loblaw Cos. last week said it would issue around $340 million (U.S.) in medium-term notes. The notes pay a fixed rate of 5.22% until maturity in June 2020. Proceeds of the sale would go toward pre-funding $350 million of indebtedness maturing in January 2011, the company said.
N.Y. UNION WARNS OF POTENTIAL STRIKE
NEW YORK — The union representing 16,000 workers at supermarkets in the New York Metro area last