Dollar General Corp. $200 Million Senior Notes Rated 'BBB+'; Outlook Stable - S&P Global Ratings’ Credit Research

Dollar General Corp. $200 Million Senior Notes Rated 'BBB+'; Outlook Stable

Dollar General Corp. $200 Million Senior Notes Rated 'BBB+'; Outlook Stable - S&P Global Ratings’ Credit Research
Dollar General Corp. $200 Million Senior Notes Rated 'BBB+'; Outlook Stable
Published Jun 07, 2000
773 words — Published Jun 07, 2000
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Abstract:

NEW YORK (Standard&Poor's CreditWire) June 7, 2000--Standard&Poor's today assigned its triple-'B'-plus rating to Dollar General Corp.'s planned offering of about $200 million senior notes. The notes will be issued under Rule 144A with future registration rights. A triple-'B'-plus corporate credit rating also was assigned to the company. The outlook is stable. The ratings reflect Dollar General's good business position and sound financial profile, mitigated by its participation in a highly competitive industry with only moderate barriers to entry. Goodlettsville, Tenn.-based Dollar General will use proceeds from the approximately $200 million senior notes to repay revolver balances incurred from funding store expansion. The company competes directly with Family Dollar in the "extreme value" retailing sector, which provides

  
Brief Excerpt:

RESEARCH Dollar General Corp. $200 Million Senior Notes Rated '###+'; Outlook Stable Publication date: 07-Jun-2000 NEW YORK (Standard & Poor's CreditWire) June 7, 2000--Standard & Poor's today assigned its triple-'B'-plus rating to Dollar...

  
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Ratings Action

Ticker
Issuer
GICS
General Merchandise Stores (25503020)
Sector
Global Issuers , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Dollar General Corp. $200 Million Senior Notes Rated 'BBB+'; Outlook Stable" Jun 07, 2000. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dollar-General-Corp-200-Million-Senior-Notes-Rated-BBB-Outlook-Stable-154058>
  
APA:
S&P Global Ratings’ Credit Research. (). Dollar General Corp. $200 Million Senior Notes Rated 'BBB+'; Outlook Stable Jun 07, 2000. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dollar-General-Corp-200-Million-Senior-Notes-Rated-BBB-Outlook-Stable-154058>
  
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