December 5, 2016 / 10:17 PM / a year ago

BRIEF-Supervalu completes sale of Save-A-Lot

Dec 5 (Reuters) - Supervalu Inc

* Supervalu completes sale of Save-A-Lot

* Confirmed today that it used $750 million of net proceeds from sale to prepay that portion of its outstanding term loan balance

* Intends to use remaining sale proceeds to further reduce debt and improve capital structure, contribute to its pension plan Source text for Eikon: Further company coverage:

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