Retailers Tap Debt Markets

After a lost year that saw investors hoarding cash rather than gambling while the economy was in limbo, a few supermarket companies have begun to lure some of that capital back through a spate of recent bond deals. Williamsville, N.Y.-based Tops Friendly Markets, for example, recently refinanced its debt with a $275 million bond offering that was increased in size by $25 million due to strong investor

After a “lost year” that saw investors hoarding cash rather than gambling while the economy was in limbo, a few supermarket companies have begun to lure some of that capital back through a spate of recent bond deals.

Williamsville, N.Y.-based Tops Friendly Markets, for example, recently refinanced its debt with a $275 million bond offering that was increased in size by $25 million due to strong investor interest.

“There is a lot of cash out there that needs to be put to use, a

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