Albertsons 2014 Annual Report Download - page 114

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percent Senior Notes due May 2016 remained outstanding as of that date. The springing maturity provision was
replaced with a springing reserve provision that calls for a reserve to be placed against availability under the
facility in the amount of any outstanding Material Indebtedness (as defined in the Revolving ABL Credit Facility
due March 2018) that is due within 30 days of the date the reserve is established. The ABL Amendment also
amended the Revolving ABL Credit Facility due March 2018 to provide that the Company may incur additional
term loans under the Secured Term Loan Facility due March 2019 in an aggregate principal amount of up to $500
instead of $250 as in effect prior to the ABL Amendment, subject to identifying term loan lenders or other
institutional lenders willing to provide the additional loans and the satisfaction of certain terms and conditions. In
addition, the ABL Amendment extended the maturity date of the facility to February 21, 2019 and contains
modified covenants to give the Company additional strategic and operational flexibility.
112