Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announced today that its subsidiary Delhaize America, Inc. has determined that upon consummation of its debt tender offer it will pay holders who validly tendered and did not validly withdraw their debt securities at or prior to 5:00 p.m., New York City time, on June 12, 2007 the total consideration of USD 1,085.70 for each USD 1,000 principal amount of its 8.125% notes due 2011 accepted for purchase, USD 1,225.64 for each USD 1,000 principal amount of its 9.000% debentures due 2031 accepted for purchase and USD 1,107.75 for each USD 1,000 principal amount of its 8.050% notes due 2027 accepted for purchase, plus, in each case accrued and unpaid interest up to, but not including, the settlement date.
Early Tender Results
On May 30, 2007, Delhaize Group announced a tender offer by its subsidiary Delhaize America, Inc. to purchase up to USD 1.1 billion (the "Tender Cap") in aggregate principal amount of its outstanding 8.125% notes due 2011, 9.000% debentures due 2031, and 8.050% notes due 2027 (together, the "Debt Securities").
