UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 31, 2013
SUPERVALU INC.
(Exact name of registrant as specified in its charter)
Delaware |
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1-5418 |
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41-0617000 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
7075 Flying Cloud Drive |
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55344 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (952) 828-4000
N/A |
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
On May 31, 2013, SUPERVALU INC. issued a News Release announcing the expiration of its previously announced modified Dutch Auction tender offer to purchase up to $372,018,000 aggregate principal amount of its 8.000% Senior Notes due 2016. A copy of this News Release is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit |
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Description |
99.1 |
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News Release of SUPERVALU INC. issued on May 31, 2013 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 31, 2013 |
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SUPERVALU INC. | |
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By: |
/s/ Sherry M. Smith |
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Sherry M. Smith | |
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Executive Vice President and | |
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Chief Financial Officer | |
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(Authorized Officer of Registrant) |
EXHIBIT 99.1
SUPERVALU Announces Expiration of Tender Offer
MINNEAPOLIS(BUSINESS WIRE)May 31, 2013SUPERVALU INC. (NYSE: SVU) (SUPERVALU) today announced the expiration of its previously announced modified Dutch Auction tender offer (the Offer) to purchase up to $372,018,000 (the Tender Cap) aggregate principal amount of its 8.000% Senior Notes due 2016 (the Notes) on the terms and conditions set forth in the Offer to Purchase, dated May 2, 2013 (the Offer to Purchase), and the related Letter of Transmittal (the Letter of Transmittal and, together with the Offer to Purchase, the Offer Documents) sent to holders of the Notes.
As of 12:00 midnight, New York City time, at the end of May 30, 2013 (the Expiration Time), $373,053,000 in aggregate principal amount of the Notes had been validly tendered (and not validly withdrawn) pursuant to the Offer. As of 12:00 midnight, New York City time, at the end of May 15, 2013 (the Early Tender Time), an aggregate principal amount of Notes equal to the Tender Cap were validly tendered (and not validly withdrawn) pursuant to the Offer. All Notes validly tendered (and not validly withdrawn) pursuant to the Offer at or prior to the Early Tender Time were accepted for purchase and settled by SUPERVALU on May 21, 2013 (the Early Settlement Date). As a result of the Offer being fully subscribed at the Early Tender Time and the acceptance priority for Notes described in the Offer to Purchase, no Notes tendered after the Early Tender Time will be accepted for purchase. Notes tendered and not accepted for purchase will be promptly returned or credited to the applicable holders account.
This press release is for informational purposes only and does not constitute an offer to purchase, the solicitation of an offer to purchase or a solicitation of tenders. The Offer was made solely pursuant to the Offer Documents.
Forward-looking Statements
This release contains certain forward-looking statements (as such term is defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) relating to future events of SUPERVALU. Such statements are only predictions and involve risks and uncertainties, resulting in the possibility that the actual events or performances will differ materially from such predictions.
About SUPERVALU INC.
SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $17 billion. SUPERVALU serves customers across the United States through a network of approximately 3,420 stores, composed of 1,900 independent stores serviced primarily by the Companys food distribution business; 1,331 Save-A-Lot stores, of which 950 are operated by licensee owners; and 191 traditional retail grocery stores. Headquartered in Minnesota, SUPERVALU has approximately 35,000 employees. For more information about SUPERVALU visit www.supervalu.com.
Investor Contact
Steve Bloomquist
952-828-4144
steve.j.bloomquist@supervalu.com