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Grupo Gigante, S.A.B. de C.V. Announces Pricing Information for its Previously Announced Tender Offer and Consent Solicitation.

Publication: PR Newswire
Publication Date: 24-DEC-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MEXICO CITY, Dec. 24 /PRNewswire/ -- Grupo Gigante, S.A.B. de C.V. ("Gigante") announced today that, it has determined the price for its previously announced cash tender offer and consent solicitation for its outstanding $260 million 8.75% Senior Notes due 2016 (the "Notes").

The tender offer and consent solicitation is being made pursuant to Gigante's Offer to Purchase and Consent Solicitation Statement dated November 28, 2007, as supplemented on December 10, 2007 (the "Offer to Purchase") and the related Consent and Letter of Transmittal.

The total consideration for the Notes validly tendered prior to 5:00 p.m., New York City time, on December 11,...

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