Casey’s General Stores Inc. has completed a private placement for $569 million of 5.22% senior unsecured notes due 2020. Casey’s plans to use the net proceeds from the offering to finance its previously announced recapitalization plan set to be executed through a modified “Dutch auction” self tender offer for up to $500 million in value…
Walmart Infiltrates Chicago
Chicago retailers could face increased big box competition now that Walmart has announced its goal to build several dozen stores in the city over the next five years. Part of a long-term initiative called the “Chicago Community Investment Partnership,” the new plan between the city of Chicago and Walmart would help eradicate food deserts and…