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DG > SEC Filings for DG > Form 8-K on 15-Jun-2012All Recent SEC Filings

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Form 8-K for DOLLAR GENERAL CORP


15-Jun-2012

Regulation FD Disclosure


Item 7.01 Regulation FD Disclosure

On June 15, 2012, Dollar General Corporation (the "Company") issued a notice pursuant to the Indenture governing its 11.875%/12.625% senior subordinated toggle notes due 2017 (the "Senior Subordinated Notes") that it intends to redeem all of the outstanding Senior Subordinated Notes on July 15, 2012. The Senior Subordinated Notes, which have an outstanding principal balance of $450.7 million, will be redeemed at a redemption price equal to 105.938% of the principal amount of the Senior Subordinated Notes, plus accrued and unpaid interest thereon to but excluding the redemption date. The Company's obligation to pay the redemption price on the redemption date is conditioned upon the completion of a debt financing entered into for the purpose of refinancing the Senior Subordinated Notes and the receipt prior to the redemption date by the Company of the net proceeds therefrom in an amount at least equal to the aggregate redemption price. The Company may, in its sole discretion, waive the foregoing condition and use any other available funds (including, without limitation, borrowings under its senior secured asset-based revolving credit facility) to pay the redemption price on the redemption date.

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