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    Stater Bros. to Issue $275 Million in Senior Notes

    COLTON, Calif. -- Stater Bros. Holdings Inc. said yesterday it plans to issue approximately $275 million of senior notes due 2015 in a private offering, and expects to use the net proceeds of the offering to redeem senior notes and build a new DC and corporate offices.

    COLTON, Calif. -- Stater Bros. Holdings Inc. said yesterday it plans to issue approximately $275 million of senior notes due 2015 in a private offering, and expects to use the net proceeds of the offering to redeem senior notes and build a new DC and corporate offices.

    The retailer will redeem all $175 million of its outstanding Floating Rate Senior Notes due 2010 after June 15, 2007, purchase $15 million in aggregate value of its Class A Common Stock, and pay a $5 million dividend to La Cadena Investments, its sole shareholder. Any remaining net proceeds of the offering will be used for general corporate purposes.

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