GREEN BAY, Wis. -- ShopKo Stores Inc. said it entered into a $107.5 million revolving credit agreement with Morgan Guaranty Trust Co. of New York and seven other banks. The three-year agreement became effective June 23.

"This credit agreement and our March bond offering replace all financing arrangements ShopKo had with its former parent company, super Valu," said Mark Kennedy, the discount retailer's senior vice president and chief financial officer.

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