VONS FILES SHELF REGISTRATION STATEMENT
VONS FILES SHELF REGISTRATION STATEMENT ARCADIA, Calif., Jan. 31 /PRNewswire/ -- The Vons Companies Inc.
(NYSE: VON) announced today that it has filed a shelf registration statement with tS?ecurities and Exchange Commission relating to $375 million of the company's debt securities and warrants to purchase debt securities. The debt securities may be offered from time to time in one or more series and in the form of senior, senior subordinated or subordinated debt of Vons.
The net proceeds from the sale of these debt securities and warrants may be used, in whole or in part, to reduce outstanding borrowings under its Revolving Credit Facility; to repay, redeem or repurchase other outstanding debt; to supplement its ongoing capital spending program; to fund acquisition opportunities which might arise and to provide funds for general corporate purposes. Vons is the largest supermarket operator in Southern California. The company currently operates 338 stores under the names Vons, Vons Food & Drug, Pavilions, Tianguis and William Bros. and also operates the Jerseymaid dairy and ice cream plant. A Registration Statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. A copy of the prospectus supplement relating to any offering under the shelf registration statement may, at the time of such offering, be obtained from Mary McAboy, VP corporate communications, The Vons Companies Inc., 618 Michillinda Ave., Arcadia, CA 91007. -0- 1/31/92 /CONTACT: Mary McAboy, VP corporate communications of the Vons Companies, 818-821-7897/ (VON) CO: The Vons Companies Inc. ST: California IN: REA FOD SU:
EH-AL -- LA006 -- 5616 01/31/92 12:34 EST
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|Date:||Jan 31, 1992|
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