Winn-Dixie Plunks Down Early $100-Million Repayment

Jul 30, 2002

Winn-Dixie Stores, Inc., paid down $100 million of its bank notes early from excess free cash flow from operations. This is in addition to the $150 million that was paid down early on January 29, according to the grocery chain.

Moderator Comment: Has Winn-Dixie turned itself around?

Paying down debt early is a positive sign in a market
that increasingly being upset by reports of cooked books and missed financial
targets. [George
Anderson – Moderator

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