"Entering into this new credit facility is an important step in stabilizing Ahold's financial condition and demonstrates our continued access to significant liquidity," comments Henny de Ruiter, chairman of Ahold's Supervisory Board.
The international company can now turn its attention to the development of longer term solutions to the problems that have engulfed it and its U.S. Foodservice (USF) subsidiary, as a result of USF accounting issues, he adds.
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