Pantry Pride found buyers for its Revlon notes.
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In a filing with the Securities and Exchange Commission, the Florida-based supermarket and department store chain said it has obtained commitments to buy half of the $700 million in notes that it has proposed selling to finance its proposed purchase of the Revlon cosmetics firm. The company added that Drexel Burnham Lambert, the brokerage firm handling the deal, remains “highly confident” that it can find buyers for the remaining notes.
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