Kenneth McGrath Archives
Posted inNonfood Items, COVID News, Home Page Slider, Midwest

Save A Lot Successfully Completes Business Recapitalization

St. Louis, Missouri-based Save A Lot, a U.S. discount grocer, has announced the successful completion of a comprehensive recapitalization of the business and significant deleveraging of the company’s balance sheet. Under the terms of the agreement, which was supported unanimously by all constituents, the company has completed debt-for-equity and debt-for-debt exchanges that eliminated approximately $500 […]