Dollar General Corporation Announces Pricing of $500 Million of Senior Notes
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--
Dollar General Corporation (NYSE:DG) today announced the pricing of an
offering of $500 million of its 4.125% Senior Notes due 2017 (the
"Notes"). The Notes, which are fully and unconditionally guaranteed on a
senior unsecured basis by each domestic subsidiary of Dollar General
that guarantees its senior secured credit facilities, will pay interest
at a rate of 4.125% per annum semi-annually on January 15 and July 15 of
each year, commencing January 15, 2013. Issuance of the Notes is
expected to occur on July 12, 2012 and the Notes will mature on July 15,
2017.
Dollar General Corporation will use the net proceeds from the sale of
the Notes, together with cash on hand, to redeem on July 15, 2012 all
outstanding aggregate principal amount of its Senior Subordinated Notes
and to pay related premium and accrued interest.
Citigroup, Goldman, Sachs & Co. and KKR are serving as joint book
running managers for the offering, with BofA Merrill Lynch, Barclays,
J.P. Morgan, Wells Fargo Securities, Fifth Third Securities, Inc., HSBC,
KeyBanc Capital Markets, and US Bancorp acting as co-managers.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities nor will there be any
sale of these securities in any state or other jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or other
jurisdiction. Copies of the prospectus and related supplement may be
obtained by contacting any of the book running managers whose contact
information is listed at the bottom of this announcement.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for
more than 70 years. Dollar General helps shoppers Save time. Save money.
Every day!(R) by offering products that are frequently used and
replenished, such as food, snacks, health and beauty aids, cleaning
supplies, basic apparel, house wares and seasonal items at low everyday
prices in convenient neighborhood locations. With over 10,000 stores in
40 states, Dollar General has more locations than any other discount
retailer in America. In addition to high quality private brands, Dollar
General sells products from America's most-trusted manufacturers such as
Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills,
Nabisco, Hanes, PepsiCo and Coca-Cola.
Joint book running managers:
Citigroup
Brooklyn Army Terminal
140 58th Street, 8th Floor
Brooklyn,
NY 11220
Toll-free: (800) 831-9146
batprospectusdept@citi.com
Goldman, Sachs & Co.
Prospectus Department
200 West Street
New
York, NY 10282
Telephone: 1-866-471-2526, facsimile: 212-902-9316
or by
emailing prospectus-ny@ny.email.gs.com
KKR
9 West 57th Street, Suite 4200
New York, NY 10019
Telephone:
(212) 750-8300
Dollar General Corporation
Investor
Contacts:
Mary Winn Gordon, 615-855-5536
or
Emma Jo
Kauffman, 615-855-5525
or
Media Contact:
Tawn Earnest,
615-855-5209
Source: Dollar General Corporation
News Provided by Acquire Media
Close window | Back to top
