Ingles Markets, Incorporated Announces Pricing of its Senior Notes Offering
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (Ingles or the Company) (NASDAQ: IMKTA) today announced the pricing of its previously announced private offering of $350.0 million aggregate principal amount of 4.00% Senior Notes due 2031 (the Notes). The Company intends to use the net proceeds from the offering of the Notes to redeem in full the Companys issued and outstanding 5.75% Senior Notes due 2023 (the 2023 Notes), repay the outstanding balance under its existing c
Ingles Markets, Incorporated Announces Pricing of its Senior Notes Offering
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (Ingles or the Company) (NASDAQ: IMKTA) today announced the pricing of its previously announced private offering of $350.0 million aggregate principal amount of 4.00% Senior Notes due 2031 (the Notes). The Company intends to use the net proceeds from the offering of the Notes to redeem in full the Companys issued and outstanding 5.75% Senior Notes due 2023 (the 2023 Notes), repay the outstanding balance under its existing c