Family Dollar in $300 Million Note Offering

January 28, 2011

Cleary Gottlieb represented Family Dollar Stores in its initial public debt offering of $300 million aggregate principal amount of its senior notes due 2021. This SEC-registered offering priced on January 25 and closed on January 28.

Family Dollar is a Charlotte-based discount retailer that operates more than 6,800 general merchandise retail discount stores in 44 states. It is also one of the fastest growing discount store chains in the United States, with over 4,000 new stores added to the chain in the past ten years.