Arranger Goldman Sachs is talking the deal at L+350, with a 1% LIBOR floor and a 99.875 offer price, sources said. The repriced term loan would include six months of 101 soft call protection. In addition to the repricing, the issuer is seeking to remove the loanâs springing maturity to the 2018 bonds. At the time the loan was put in place, the bond issue totaled $1 billion. It has since been reduced to $630 million, and the supermarket concernâs performance has improved, sources said.
The Erie Canal runs across New York State from Albany to Buffalo, connecting the Hudson River to Lake Erie.
Erie Canal Distance Tables. The Erie Canal is the longest canal section in the New York State Canal System. Beginning at lock #E-2 in Waterford, NY, the Erie Canal runs 293 NM (337 SM or 543 KM) to the Niagara River at Tonawanda, NY and from there onto Buffalo, NY and Lake Erie via the Black Rock Canal. The Erie Canal Distance Table (shown below) provides distances between some of the major points along the length of the canal.