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    Nash Finch Clarifies Terms of Convertible Notes Offering

    MINNEAPOLIS -- Nash Finch Co. yesterday clarified certain terms of the senior subordinated convertible notes due 2035 that it plans to sell.

    MINNEAPOLIS -- Nash Finch Co. yesterday clarified certain terms of the senior subordinated convertible notes due 2035 that it plans to sell.

    Upon conversion of such notes, the accreted principal amount of the notes would be payable in cash and the remaining conversion value of the notes, if any, would be payable, at Nash Finch's election, in cash, shares of Nash Finch's common stock, or a combination of cash and shares.

    Nash Finch said it intends to use the proceeds of the offering to acquire certain assets from Roundy's Inc. or to repay outstanding debt.

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