Dallas-based distribution giant Fleming Cos. is to offer 8 million shares of common stock and US$200m of senior notes.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company said yesterday [Tuesday] that it will use the net proceeds from both the offerings and borrowings to repay debt and to fund obligations connected to its acquisition of Core-Mark International Inc.
Fleming expects both of these transactions to be completed during the Q2, ending in July.
