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Donahue Schriber completes $1.2 billion recapitalization
Costa Mesa, Calif. -- Costa Mesa, Calif.-based shopping center developer Donahue Schriber announced it has successfully completed the final piece of a $1.2 billion balance sheet recapitalization.
The recapitalization occurred through several transactions. The final piece was a $365 million refinance with a bank syndicate led by Bank of America and also included Wells Fargo Bank, U.S. Bank, PNC Bank, Union Bank and City National Bank.
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Food ranking reflects PFresh progress
Appearing at number 21 on this year’s ranking of the 50 most powerful people in the food industry is Target chairman, president and CEO Gregg Steinhafel. Compiled by Supermarket News, Steinhafel is probably ranked about where he should be considering the company’s position in the hierarchy of food retailers and other people in positions of power whose actions influence impacts the food universe. Click here to view the list.