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RALPHS GROCERY ACCEPTS TENDERED DEBENTURES

 RALPHS GROCERY ACCEPTS TENDERED DEBENTURES
 LOS ANGELES, July 30 /PRNewswire/ -- Ralphs Grocery Company


announced today that its tender offer for up to $400 million of its 14 percent senior subordinated debentures due 2000 expired today at noon, New York time.
 Holders of approximately $301.9 million in principal amount, or 75.5 percent of the debentures outstanding, had tendered into the offer. Ralphs also announced that it is accepting all of the debentures tendered in the offer and that it expects payment to be made promptly.
 The tender offer is part of a recapitalization plan being implemented by Ralphs Grocery Company and its parent, Ralphs Supermarkets, Inc.
 -0- 7/30/92
 /CONTACT: Jan Charles Gray, 310-637-7791, or Alan J. Reed (analysts), 310-605-4516, both of Ralphs Grocery, or Stanley J. Kay of MacKenzie Partners, 212-929-5940, for Ralphs Grocery/ CO: Ralphs Grocery Company ST: California IN: REA SU:


SH-CK -- NY069 -- 5128 07/30/92 13:15 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 30, 1992
Words:155
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