Jack Eckerd Corp. said it will use proceeds from a planned stock sale to retire part of a recently completed bank refinancing totaling $950 million.
The refinancing, completed this month, was led by Chemical Bank and NationsBank.
Access to authoritative analysis and perspective and our data-driven report series.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In