RLPC: BJ's cuts price guidance, shifts funds on $2.1B loan
November 12, 2013 at 10:48 AM EST
NEW YORK, Nov 12 (Reuters) - Warehouse retailer BJ's Wholesale Club cut indicative price guidance on its covenant-light $2.1 billion credit that will refinance existing debt and back a $450 million distribution to shareholders, sources told Thomson Reuters LPC.
